AT&T has announced that it will offer standard insurance to iPhone owners beginning on July 17th. Previously, AT&T subscribers were able to sign up for a more expensive $12 monthly insurance plan, which had a $199 deductible. Protection will now cost just $4.99 per month with the standard plan and it is expected to have a $125 deductible, which covers all models of the iPhone for loss, accidental physical or liquid damage, theft, and mechanical or electrical failure.
“Effective July 17, 2011, the Apple iPhone (all models) will be eligible for coverage with the AT&T Mobile Insurance program (formerly Wireless Phone Insurance),” AT&T said in a statement on its mobile insurance page. “Enrollment restrictions apply. Customers can only enroll within 30 days of a new activation or upgrade, prior activations or upgrades outside of 30 days are not eligible.”
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