Protect Your Money When Your Favourite Gadget Goes Wrong

August 11th, 2009

Technology these days to amazing, no question about it. With new recent breakthroughs in the form of the new iPhone being able to recognise voice recognition to the new announcement that Microsofts Project Natal for the Xbox 360 is set to have full body motion sensing capabilities with no wires and nothing plugged into you in any way at all.

However, what happens when it breaks down or you drop it? Many manufacturers are going wrong with repairs because it some cases, the price to repair the item is higher than the price you paid to buy it. For many of the cases, it’s down to the way the product has been made and that’s how the problem has occured. Even though the Xbox 360 is clearly the more superior console in this current generation of console, it’s still hosting some flaws. The three red rings. Now to any Xbox 360 owner, when they see the three red rings, it’s just the same as handing your wallet over to a thief. The only way to not pay for a repair is if your console is still within warranty, if not, you will have to ship it off and they will charge you around 50 pound for a problem that should not be a problem.

It was very rare if one of your older consoles ever broke like the N64 or Playstation 1, but now we are not just seeing Xbox 360 failures, a large amount of PS3’s and Nintendo Wii’s are also being sent away to be fixed. This rise could be put down to more people playing their consoles due to the massive amount of game releases, however, it could just be that manufacturers are more interested in making sales, rather than making healthy consoles.

There is now a solution to this that helps you save money, gadget insurance. This can be purchased to cover up to five of any gadgets you can think of for just under 20 a month. It may seem a high price to pay, but it works out alot cheaper than having to pay for gadget repairs. The primary reason is because the cost to repair gadgets, if you dropped your iPhone, you would get given a 100 pound repair bill. If you think about the money, paying 20 pound every month to insure 5 gadgets is a good price, rather than spending 100 pound every time you drop your iPhone. As well as this when it comes to fixing consoles such as the Nintendo Wii it is actually cheaper to buy a new console than top fix it which again is going to cost you a whopping 180.

Also, if you are only looking to insure one item and not 5, no matter what type of gadget it is, you can simply pay for Xbox 360 insurance seperately. Unfortunately, many companies that offer home emergency Insurance policies don’t cover your modern day gadgets.