Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My teens cell phone bill is roughly $92/month each with ATT.

~ $55 for service
~ $18 for insurance on phones
~ $12 for device installment (netted for trade in of prior phone)

Is this in line with the norm?

Why not go with a cheaper unlimited plan. I pay $45 for an unlimited plan that includes international calls with t-mobile. Also $18 insurance is high, that's $216 a year to insure a phone that is $1000, brand new, doesn't make sense to me.

If you buy a 1200 phone and break it, you still owe the 1200, if you pay per month for 24 mos, plus another 1200 for new phone = 2400.

If you "break it", the repair would cost about $200 to $300. Dont need to get a new phone. Say you are going to maintain a phone for 10 years, that is $2000+ you are paying. You can "break it" at least 6 times over the next 10 years and come out ahead without the insurance.

Insurance is for things where you cannot afford to pay if it something bad happens. The insurance companies have a large margin to pay for not only the payout but to run their business as well.

-Investor who specializes in Financials and especially insurance companies.

Anonymous wrote:

Anonymous wrote:My teens cell phone bill is roughly $92/month each with ATT.

~ $55 for service
~ $18 for insurance on phones
~ $12 for device installment (netted for trade in of prior phone)

Is this in line with the norm?

Why not go with a cheaper unlimited plan. I pay $45 for an unlimited plan that includes international calls with t-mobile. Also $18 insurance is high, that's $216 a year to insure a phone that is $1000, brand new, doesn't make sense to me.

If you buy a 1200 phone and break it, you still owe the 1200, if you pay per month for 24 mos, plus another 1200 for new phone = 2400.

That is what I pay BUT work pays for my phone so i needed a personal plan for my son. If you already have a plan for you, it should be much cheaper to add a line for your child.

We have a middle school kid who doesn't care about the phone number changing all the time so we do the best buy deals via mint.

https://slickdeals.net/f/15331030-6-month-mint-mobile-unlimited-talk-text-4gb-data-plan-free-guy-4k-steelbook-45-new-mint-customers-free-s-h?src=SiteSearchV2Algo1

$35/month verizon kids plan. Paid cash for phone plus insurance at Apple Store

Whatever the extra line fee is on Verizon.

$10 to add a line to the family plan - unlimited talk, data T mobile. IPhone SE on sale (50% off) at the time we purchased the plan.

We buy our phones outright. Dropped phone insurance long ago.

If my teen loses their phone they are responsible for replacing it with their own funds.

We pay $100 a month for our family plan. Switch to Cricket

$11/month with Tello unlimited plan

no insurance because he has an old iphone6 and knows that if he breaks it he pays for a new one

Anonymous wrote:My teens cell phone bill is roughly $92/month each with ATT.

~ $55 for service
~ $18 for insurance on phones
~ $12 for device installment (netted for trade in of prior phone)

Is this in line with the norm?

Why are you paying for phone insurance?

AT&T is your problem. Switch to Verizon.

$15 dollars for the extra line on an unlimited plan.

Anonymous wrote:My teens cell phone bill is roughly $92/month each with ATT.

~ $55 for service
~ $18 for insurance on phones
~ $12 for device installment (netted for trade in of prior phone)

Is this in line with the norm?

Why not go with a cheaper unlimited plan. I pay $45 for an unlimited plan that includes international calls with t-mobile. Also $18 insurance is high, that's $216 a year to insure a phone that is $1000, brand new, doesn't make sense to me.

I pay $20/month to add kid to our family plan. Unlimited data, no other fees.

My teens cell phone bill is roughly $92/month each with ATT.

~ $55 for service
~ $18 for insurance on phones
~ $12 for device installment (netted for trade in of prior phone)

Is this in line with the norm?