Owners Smash iPhones To Get Upgrades, Says Insurance Company

markass530 writes "An iPhone insurance carrier says that four in six claims are suspicious, and is worse when a new model appears on the market. 'Supercover Insurance is alleging that many iPhone owners are deliberately smashing their devices and filing false claims in order to upgrade to the latest model. The gadget insurance company told Sky News Sunday that it saw a 50-percent rise in claims during the month Apple launched the latest version, the iPhone 3GS.'"

Comments

Re:Insurance Offerings

[blahplusplus]

In my opinion they deserve it, with places always trying to sell you "extended warranties" and computer companies not telling the truth about their computer parts real warranties. Why should they expect anything less from their customers?

Re:how is this different

[toadlife]

2.8trillion total? it doesn't look too impressive.

It's impressive if you look at it as a percentage of GDP at the time. Reagan and H.W. Bush more than doubled our debt as a percentage of GDP in 12 years. Together, they made W. Bush look like a deficit hawk. The debt as a percentage of GDP went down under Carter and Clinton.

That 200,000 dollar projection is most like based on nothing changing (e.g. irresponsible spending patterns of the past Republican administrations continuing and tax revenue not incresing) in the next ten years.

If someone like Palin becomes president, I would start to worry about future debt.