Protect Your Bubble Asks New Yorkers Which They Would Rather Have: Smartphone or Wallet?

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Insurance Brand Sheds Light on What Consumers Would Rather Lose, If Given the Choice.

Gadget insurance

Protect Your Bubble

ProtectYourBubble.com released results of a survey fielded in New York City of more than 200 Apple fans in line for the new iPhone 5.

ProtectYourBubble.com, a leading gadget insurance brand, released results of a survey fielded in New York City of more than 200 Apple fans in line for the new iPhone 5. The majority of those polled (51 percent) said they would rather lose their wallet than their smartphone. This may come as a surprise, but once one reviews each scenario the rationale makes sense. Here’s an overview of the potential damage done for each:

  •     Wallet: Replacing things lost in a wallet might be inconvenient; however banks do a great job of monitoring suspicious activity on credit cards and debit cards. A consumer’s driver’s license or photo identification can be a hassle to replace, but the cost is minimal. And then there’s the cash in one’s wallet. According to MSN Money, “most [consumers] tend to carry between $10 and $40. Some said they don't carry any cash.” When evaluating this scenario, it’s understandable why people would rather lose their wallet. The financial damage in this scenario is minimal.
  •     Smartphone: Smartphone loss and theft is on the rise in the US. In fact, the NYPD states that, “Electronics were the single most stolen property type, surpassing even hard currency.” Criminals know that mobile gadgets today can go for big bucks on sites like eBay.com. If the smartphone ends up in the wrong hands, the criminal can potentially hack into one’s bank account, emails, and personal data. The damage can be alarming. Smartphone owners should take all necessary precautions to avoid this damage, including backing up data, password protecting the phone itself, and disabling auto log-ins from online banking and email. As if this scenario isn’t bad enough, being disconnected from work, friends, family and news just adds salt to the wound. Replacing a smartphone is much more expensive than replacing a wallet. For instance, replacing a new iPhone 32 gb (outside of the carrier subsidy) is $749. A much higher price tag than the $299 subsidized cost.

A wallet can’t always be protected, but one’s smartphone can. Protect Your Bubble provides comprehensive coverage on smartphones and coverage includes loss, theft, accidents, damage and credit monitoring. Because no one wants to be disconnected from the rest of the world, Protect Your Bubble provides replacement devices in 24 hours. Visit http://www.ProtectYourBubble.com for a quick quote today.

About Protect Your Bubble
Protect Your Bubble is a specialty insurance brand, offering insurance for gadgets, pets and
travel - all for today’s modern consumer.

  •     Gadget - Smartphone and tablet insurance covers loss, theft and water damage and consumers will receive a replacement device in 24 hours. Home gadget warranties provide coverage for mechanical breakdown and accidental damage for laptops, game consoles and cameras as well as mechanical breakdown for appliances, televisions, desktop computers, home theater systems and more.
  •     Travel - Plans provide a variety of coverage for single and multi-trip options including cancellation, interruption, medical/dental, baggage, rental car and much more like 24/7 emergency services including, consult a doctor, roadside assistance, restaurant reservations and even set up tee times through their concierge services.
  •     Pet - Plans provide up to 90 percent reimbursement for covered vet charges for eligible accidents, illnesses, hereditary conditions and routine wellness visits. They allow owners to visit any licensed vet in the country. Additionally, annual deductible options start at $100 which only needs to be met once per plan year.

Headquartered in Atlanta, Protect Your Bubble is available online, via mobile app or phone, allowing consumers to understand, buy and, most importantly, protect what enriches their lives. Find Protect Your Bubble USA on Facebook or Twitter (@PYBUSA) or visit http://www.protectyourbubble.com for more information or to get a two-minute quote today.

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Media Contact
Protect Your Bubble USA
press (at) protectyourbubble (dot) com

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