Many Verizon Wireless customers break or lose their cell phone every year. If you are one of them, there is a device protection so that you will never have to worrying about losing your cell phone. How much is Verizon cell phone protection plan? $5.99 a month. You can stop the protection plan anytime. But I strongly suggest you to have the protection plan in the first 12 months of you contract since Verizon allows you to upgrade every 12 months at a pretty good discount.

Oh, one thing to keep in mind is that you would have to shell out $39 deductible when the claim is approved. So, your Verizon cell phone protection plan will cost you $110.88 at the end of 12th if your phone is broken or stolen at that time. Is it a good deal? It’s fair if your original phone costs $200 or more. Stay tuned for more tips on insuring smartphones.