Verizon Wireless insurance for electronics may or may not be worth it depending on the cost of the insurance, the covered damages and the cost of a replacement item, notes CNET.com. Customers who have a history of needing to replace their devices before the ends of their contracts may find it beneficial to purchase the insurance.
Before purchasing an insurance plan, customers should fully read and understand the fine print of the insurance contract. As of 2015, Verizon Wireless insurance typically covers water damage, shattered screens and mechanical breakdowns, among other events, states CNET.com. The insurance has a monthly premium that is typically added onto the bill, and customers need to pay a deductible when they purchase a replacement device. These costs must be considered when making a purchasing decision.