Nationwide insurance company Allstate has bought smartphone and tablet repair service iCracked. It already owned SquareTrade, which offers both gadget insurance and tech support …
The two companies both pointed to the benefits of an all-in-one service.
Live Insurance News said that rapid repair of tech devices is all but a necessity these days.
“We are excited to join SquareTrade, a company that shares our commitment to delivering high-quality on-demand service to customers,” said A.J. Forsythe, iCracked CEO.
A few months ago, SquareTrade said that Americans break more than 5,000 smartphone screens per hour.
It pays to shop around when looking for the best deal to protect your devices – or, indeed, whether it would make more sense to ‘self-insure.’ In the long-run, it can be cheaper to forsake insurance for things like smartphones and simply budget for occasional repairs or replacements.
Depending on whether iPhone owners need a full replacement or just a new display, the costs range from $199 up to $599 for a full replacement for the XS Max. The iPhone XR is a bit more reasonable to repair, but still more than most Americans anticipate.