Asurion Insurance

I just filed my second claim in a year--$50 for a new phone. Just got the
letter saying that the fine print only allows two new phones and then you
are dropped. Let's see at $4.99 a month, $59.88 a year and then $50 for the
news phone nice little profit. The customer service person told me that
they replace 5000 phones a day world wide.

5000? That's a lot! Surprising, but not really shocking. Still, Would ou
rather buy a new LG VX-6000 for $359.99, or $50+ your monthly premium?
Twice in a year? Ouch...

--
"Well ain't this place a geographical oddity! Two weeks from
everywhere!" - Ulysses Everett McGill
O Brother Where Art Thou?


"James M. Kelly" <jmkelly02@charter.net> wrote in article
<vll6kmfbshh38@corp.supernews.com>:
> I just filed my second claim in a year--$50 for a new phone. Just got the
> letter saying that the fine print only allows two new phones and then you
> are dropped. Let's see at $4.99 a month, $59.88 a year and then $50 for the
> news phone nice little profit. The customer service person told me that
> they replace 5000 phones a day world wide.
>
>

[posted via phonescoop.com - free web access to the alt.cellular groups]

"George" <George@nospam.invalid> wrote in message
news:clG6b.37693$Nc.8929778@news1.news.adelphia.ne t...
> >
> Just do a little simple calculation. Lets sat they "cover" a conservative
> 5,000,000 phones at $4.99. They would gross $25 million/month. Then if
they
> replace 5,000 phones/day * 20 businessdays /month * $150/phone = $15
Million
> gross amount. So that leaves them with $5 Million for expenses which I am

Make that $10 million....

> sure most of which is covered by the $50 they charge you.
>
>

know if they get phones at cost you can lower the 150.00 by about 50
percent of that,whole sale is about 50 % of retail and cost is about 25%
or more off wholesale, i have been in retail for about 20 years and see
prices companys pay for products,one of which is swiss watches which
might have retail of 1,750.00,wholesale of 850.00 and cost of around
450.00 to dealers.so you figure out how much companys are making,and
then if they lay off some people their profits go up even more.

"George" <George@nospam.invalid> wrote in article
<OYG6b.37708$Nc.8939207@news1.news.adelphia.net> :
>
> "George" <George@nospam.invalid> wrote in message
> news:clG6b.37693$Nc.8929778@news1.news.adelphia.ne t...
> > >
> > Just do a little simple calculation. Lets sat they "cover" a conservative
> > 5,000,000 phones at $4.99. They would gross $25 million/month. Then if
> they
> > replace 5,000 phones/day * 20 businessdays /month * $150/phone = $15
> Million
> > gross amount. So that leaves them with $5 Million for expenses which I am
>
> Make that $10 million....
>
> > sure most of which is covered by the $50 they charge you.
> >
> >
>
>

[posted via phonescoop.com - free web access to the alt.cellular groups]