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Q: cellular phone insurance business ( No Answer,   1 Comment )
Question  
Subject: cellular phone insurance business
Category: Business and Money > Small Businesses
Asked by: nathan1-ga
List Price: $75.00
Posted: 30 Mar 2003 12:56 PST
Expires: 29 Apr 2003 13:56 PDT
Question ID: 183302
We are writing a business plan. The business is insurance and
warranties of cellular phones ( see www.phonesure.org ). I want to
know statistics. Percentage and numbers who take out the insurance.
How many stolem lost or damaged a year. How many phones inuse...Also
am interested in how big the industry is in Europe in numbers,
particulaly
England. Any other relevant information  you cone across such as
competition  etc. will be welcome.
Answer  
There is no answer at this time.

Comments  
Subject: Re: cellular phone insurance business
From: neilzero-ga on 30 Mar 2003 17:52 PST
 
In the USA competion is feirce so users change companies every year or
two, which typically gets them a free or cheap phone. A connection for
charging our first cellphone broke off, but I was able to charge the
battery by another means until our one year commitment was up, so that
phone is idle in a drawer instead of repaired. I think it is difficult
to activate a phone that is lost or stolen after the loss is reported,
so thiefts are rare and lost phones are often returned. At least that
is how I think it works typically.   Neil

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