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  • Kenobi
  • Waygookin

    • 11

    • September 05, 2011, 07:38:10 pm
Getting screwed by the phone company?
« on: March 22, 2012, 04:46:33 am »
So At first I lose my phone.  Vega LTE, new phone.  The company says I have insurance, I fill the paperwork out and everything from police.  Now they say it'll cost  $300 to replace.  I think someone is messing with me.

And if this is the case, I want to just take the phone with me back to the US and use it as a dictionary.  Or does it shut down without a service provider?
« Last Edit: March 22, 2012, 06:26:54 am by Kenobi »


Re: Getting screwed by the phone company?
« Reply #1 on: March 22, 2012, 06:01:40 am »
How much is the phone to buy outright? It's probably over a mil. All insurance policies have an excess (it could be called something else where you are from) that you have to pay if you activate the policy. It's a sort of incentive against triggering the policy.


  • misskris
  • Expert Waygook

    • 558

    • October 08, 2010, 02:46:41 pm
    • seoul
Re: Getting screwed by the phone company?
« Reply #2 on: March 22, 2012, 01:03:56 pm »
If you had to buy that phone outright, it would cost WAAAYYYY more than 300,000 won without a doubt.

It could be that the plan doesnt cover the phone 100%

Or it could be an insurance deductible.  I've never had phone insurance.. but with car, house, or any insurance of the like  you must pay the deductible when you make a claim. 


Re: Getting screwed by the phone company?
« Reply #3 on: March 22, 2012, 03:39:14 pm »
It's more than likely an insurance deductible--when I bought my phone through KT the other day, I signed up for the highest level of insurance (4,500/mo or something). They told me that if I ended up breaking the phone, losing it, etc, I would have to pay about 1/3rd of the price of the phone, and KT would cover the rest. Given your average smart phone is upwards of 700,000KRW, that seems about right.


Re: Getting screwed by the phone company?
« Reply #4 on: March 22, 2012, 05:30:42 pm »
excess=deductible.