Premium insurance for out-of-warranty repairs

  • 3
  • Idea
  • Updated 3 years ago
  • Implemented

Has it already happened to you to drop your phone on the ground or in the water? Does it happen quite often? Koodo's could implement some new "insurance" policy where one would pay an predefined amount variable from a phone to another that will insure thing like broken, stolen, or water-damaged devices. Some US carriers are already offering this option, but nothing is offered in Canada. Why not be the first? Everyone knows that insurance companies make a lot of money and the customer will be happy to have a new phone when his has been damaged. Benefits both parties.

Would you buy this kind of insurance?
How much would you guys pays for this kind of insurance for an
-iPhone 6?
-iPhone 5S?
Would a percentage of the phone's value be a better charge??
Photo of Robert

Robert, Mobile Master

  • 101,484 Points 100k badge 2x thumb

Posted 4 years ago

  • 3
Photo of Jordan Stevens

Jordan Stevens

  • 2,182 Points 2k badge 2x thumb
Official Response
Hey Robert,

Good news! We've started the Koodo Extended Warranty to allow people to insure their new shiny phones. The plan even covers accidental physical and water damage (although there is an extra charge for these types of claims).

Check out all the details here.

Thanks Robert!