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AppleCare also includes an express replacement service for iPad and iPhone. AppleCare insures against accidental damage, unlike the statutory warranty. [7] AppleCare services may be provided in all countries where the program is offered regardless of country of AppleCare purchase, subject to local terms and conditions.
The term replacement cost or replacement value refers to the amount that an entity would have to pay to replace an asset at the present time, according to its current worth. [1] In the insurance industry, "replacement cost" or "replacement cost value" is one of several methods of determining the value of an insured item. Replacement cost is the ...
In retail consumer electronics, extended warranties cost 20% to 30% of the price, and give sales associates up to 15% commission at some retailers. [3] [4] Consumer advocate groups, such as the non-profit Consumers Union, advise against purchasing extended warranties unless they can be purchased at manufacturers cost. David Butler of the ...
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For example, if your coverage limit was up to $200,000, but the cost of rebuilding your home is $250,000, an extended replacement cost endorsement that covers up to 25 percent more than the policy ...
Car insurance costs are based in part on the amount that insurers expect to pay out for claims — and if auto repair shops have to pay more for tools and data, those costs go up.
Better car replacement vs. new car replacement: Some insurers offer better car replacement insurance, which compensates for your loss with a car that is one year newer and with 15,000 miles less ...
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