“Insurance costs will indeed be going up for AT&T iPhone owners on October 4th, as rumored, a page on the carrier’s website reveals,” Electronista reports.
“On that date insurance rates are scheduled to jump from $5 to $7, affecting new and existing customers alike,” Electronista reports. “The hike is happening in conjunction with the creation of a new device tier, covering the iPhone and “other devices” for which a $199 non-refundable deductible will apply.”
More info in the full article here.
Related article:
It’s official: Apple announces ‘Let’s talk iPhone’ event on October 4th – September 27, 2011