Massive volumes of Apple's iPhone owners are resorting to iPhone insurance fraud so as to have their older iPhone device upgraded to the very hottest device, even if it means risking a criminal record to achieve this, by making completely false claims in their insurance claim.
Specialist iPhone insurance provider in the United kingdom, iPhone Insurance Cover's Administration team, said claims for iPhone's hugely spiked by over 45% around the time of the new 3G-S models. Similar patterns were seen last year, when Apple launched the then new iPhone 3G model.
A new iPhone insurance fraud report shows that close to 4 out of 10 claims created during this time are most likely false, with many individuals actively and deliberately breaking their iPhone so they can make a claim and hopefully get the new model.
It is possible that the trend by the UK's network providers to deliver longer contract times such as 18 and 24 month contracts is to partly exacerbating the problem. "A couple of years ago a consumer could replace their mobile phone at least every 12 months, currently, clients have to retain them almost twice as long before upgrading, this is not usually appropriate for the major fans of the iPhone, with new versions coming out every 8 to 12 months, perhaps the networks need to offer more12 month agreements again".
Karmi Corrine of Supercover, claimed: "Whilst most consumers take out insurance cover simply because they value their iPhone, we began to discover boosts in fake claims as new apple iPhone versions were launched, the volumes of claims close to the launch of the iPhone 3G-S was just staggering". We have often observed quick periods close to new model and upgrade launches, that claims go through the roof, but the fraud at the latest launch of the iPhone 3G-S was simply extraordinary. "The issue looks to be that many iPhone owners can only go for so long realizing that they're a new release behind the latest must-have spec before they resort to extreme steps.
iPhone owners are far more likely to order iPhone insurance than owners of other types of mobile phone - Being covered with mobile phone insurance is 60% higher among iPhone owners.
As part of efforts to stop insurance fraud Supercover no longer offer loss cover as part of its insurance. This change was because of the huge variety and scale of the fraudulent insurance claim issue.
Supercover insurance, who insist claimants send in their broken mobile phones as proof of damage, said in numerous cases it was very simple to see claims were not actually genuine.
As an example, many claims reported the iPhone as being dropped out of the pocket - but were being received as a bag of completely smashed up parts, that could only have finished up in this state after being repeatedly hit with a hammer.
In fact, many claim reports came back from the Lab having been proven to be found with imprint marks from hammers and stiletto heels!
Another example - the claimant stated their iPhone was dropped down the toilet. However, laboratory tests found the iPhone had been left to soak in battery acid for around Twenty-four hours, before getting flushed with water.
While it might be great to have the latest iPhone model it is not really worth a prison sentence or criminal record. Supercover sends all suspicious claim details to the Police who take this insurance fraud seriously.
So it is a good idea to fully understand your iphone insurance policy cover protection without risking a criminal record.
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