Price Drop on Equipment Protection Plans!

| January 30, 2011 | Reply

Verizon has been making a lot of changes lately. Some of the changes have been better than others. There was the upgrade policy change, the time-frame permitted for returning phones, and then the rebates went bye-bye. Here’s a change you’ll all definitely be happy about. Effective February 1st, the prices on the equipment protection plans will be going down. The Total Equipment Coverage (TEC) will decrease from $7.99 to $6.99, and the Wireless Phone Protection (WPP) will go from $6.00 to $5.18. At this time, it doesn’t appear the tablet plans are changing. Verizon will also be having an “open enrollment” for those already signed up for the equipment protection plans. A time hasn’t been given yet for that, but this is good news, right? Save a little dough when you can! Let us know your thoughts in the comments!

Verizon is apparently on quite the policy changing mission these days.  First we had news of their upgrade policy, then it was return changes, rebate removals, and now this.  As of February 1st, equipment protection plans will be changing and in a good way from what we’re seeing.  Total Equipment Coveage (TEC) will be dropping from $7.99 down to $6.99, plus Wireless Phone Protection (WPP) will now be $5.18, which is down from $6.00.  Their tablet plans appear to be unchanged even with the Motorola XOOM on the way, but for those of us looking to grab a Thunderbolt, this is good news.

Verizon also plans to hold an “open enrollment” of sorts for those already locked into one of these plans.  A timeline for that event will be communicated at a later date.

Source: Droid-Life

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Category: Mobile News

About the Author ()

I’m from New Hampshire, and I’ve been a nerd since the age of 5. I’m currently rocking a Droid X, but in the past, I’ve owned Droid 1, Blackberry Storm 2, and Blackberry Storm 1. I’m an analyst by day and a tech blogger by night.