Feeds

iPhone must-have crowd inflates UK gadget insurance claims

Insurer reckons new models push up fraud

Secure remote control for conventional and virtual desktops

Apple gizmo fans are committing more insurance fraud in a move to upgrade their iPhones to the latest model, a UK insurer has claimed.

Supercover Insurance said claims for iPhones would typically shoot up 50 per cent during the month in a which a new model was released.

It said that four out of 10 claims made during such a period were fraudulent. The company claimed that some people deliberately trashed their phone to ensure they got an upgrade to the latest iPhone model.

"While most customers take out insurance because they value their iPhone, we started to notice increases in claims as new and upgraded iPhones were launched," said Supercover director Carmi Korine.

"For short periods around new model or upgrade launches, claims for lost, stolen or damaged iPhones go through the roof.

"The issue appears to be that most iPhone owners can only go for so long realising that they're a generation behind the latest must-have spec before they resort to extreme measures."

According to the firm, the iPhone was the fastest growing type of insurance cover within the gadgets sector in the UK. Around 60 per cent of iPhone owners were more likely to take out cover than other mobile phone users, it said.

Supercover claimed that around 40 per cent of insurance claims it received around the launch of a new mobile model were potentially phoney. The company typically ditches around a quarter of all such claims. ®

Beginner's guide to SSL certificates

More from The Register

next story
Xperia Z3: Crikey, Sony – ANOTHER flagship phondleslab?
The Fourth Amendment... and it IS better
Don't wait for that big iPad, order a NEXUS 9 instead, industry little bird says
Google said to debut next big slab, Android L ahead of Apple event
Microsoft to enter the STRUGGLE of the HUMAN WRIST
It's not just a thumb war, it's total digit war
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Netscape Navigator - the browser that started it all - turns 20
It was 20 years ago today, Marc Andreeesen taught the band to play
A drone of one's own: Reg buyers' guide for UAV fanciers
Hardware: Check. Software: Huh? Licence: Licence...?
The Apple launch AS IT HAPPENED: Totally SERIOUS coverage, not for haters
Fandroids, Windows Phone fringe-oids – you wouldn't understand
Apple SILENCES Bose, YANKS headphones from stores
The, er, Beats go on after noise-cancelling spat
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.