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Are you racking your brains thinking ‘what is Verizon Total Equipment Coverage’? You’re not completely alone. As a Verizon customer, you’ll want to be aware of and understand the various services offered.
Otherwise, you could miss out on something that’s potentially beneficial. Typically, we don’t give much thought to certain situations until they happen.
Have you ever wondered what you will do if your phone suddenly gets lost, or damaged? Well, this is where Verizon’s total equipment coverage comes into play.
It’s basically an insurance plan for people who might be left with no phone or forced to deal with expensive repairs. And let’s not forget the fact that warranties can only last for so long. On that note, read on as we delve into the details.
Table of Contents
What is Total Equipment Coverage?
Essentially, Total Equipment Coverage is meant to cover lost, stolen and damaged phones and malfunctions after the initial warranty expires. You will find that the warranty that comes with your smartphone normally expires after about 12 to 24 months.
This means you will be liable for any defects or malfunctions that occur after this period of time has elapsed. Aside from that, you might misplace and eventually lose your phone.
When this happens you’re required to purchase a brand new device to replace the lost one. And the truth is not everyone has wades of cash lying around just for this purpose. This should give you an idea of why it’s prudent to invest in Verizon’s total equipment coverage.
Additionally, it combines Verizon Wireless Phone Protection and Extended Warranty for ultimate coverage. Both services are offered separately. Therefore, you will surely be getting value for your money.
The Extended Warranty provides coverage for manufacturing faults once the original warranty has reached its expiration. On the other hand, Wireless Phone Protection coverage is for loss, theft and damage to your phone including water damage and cracked screen.
Some of the perks you will likely enjoy with this coverage are next-day replacement for damaged, lost or stolen devices and battery replacement for certain smartphones.
How much does Total Equipment Coverage cost?
No one can ever predict when they’ll lose their phone or it accidentally gets broken. For that reason, having some form of insurance makes a whole lot of sense.
If eligible, you can replace a stolen or faulty device within the next day. These benefits come at a cost of course and there are monthly deductibles for it.
Depending on the device model, the monthly charges are $8.40, $10.15 or $11.40. Additionally, Verizon offers unlimited screen replacements for certain phone models at only $29 each.
Who’s eligible for Verizon Total Equipment Coverage?
If you are interested in signing up for total equipment coverage, it’s important to first find out whether you qualify for it or not. Luckily for the customers, Verizon has made it super easy to be eligible.
There is nothing complicated about it and the instructions are pretty much direct. For you to be eligible, you are required to sign up within 30 days of the following;
- Purchase or upgrade to a brand-new device. It should also be activated to either a new or already existing line.
- Bring your own device that’s fully functioning without signs of damage.
Once these requirements have been met, you can then be enrolled for the total equipment coverage. If you’re unsure about your eligibility, log into the My Verizon account and check whether device protection is listed under the Get Products section. This confirms that you qualify to enroll for this service.
How do I enroll to get Total Equipment Coverage?
It’s very easy to sign up for this service once you’ve confirmed you’re eligible. You just need to visit the Add-ons and apps page in your My Verizon account. From there, the only thing left is to add it to your account. There are various ways to do so as detailed below;
- Go to the My Verizon website and select See all eligible add-ons. Navigate down to Total Equipment Coverage page and select Get it now. Follow the given instructions to add it.
- Go to the My Verizon app and navigate down to the Device Protection page. Select Learn More and then click on Enroll for every line you’d like covered. Now click on Total Equipment Coverage and follow the instructions.
Remember customers are allowed to file a maximum of three claims on each enrolled line in a period of 12 months. The maximum value ranges between $400 and $3000 depending on the type of device.
Final Thoughts
Generally, some people are more disposed to accidentally breaking or misplacing their phones. If this happens to you often, it makes sense to get the total equipment coverage. It will take away the constant worry of having to purchase a new device whenever you lose one or it’s stolen. And if you drop your device and the screen cracks, they can help replace the broken screen too. So basically it’s a good option for a number of Verizon customers.
FAQs
How do I make a claim on Verizon total equipment coverage?
You’ll have to file a claim via the My Verizon app or website.
How many claims can you do with Verizon?
With the total equipment coverage, you can file up to 3 claims in a period of 12 months, across each registered line.
