Orlando Harmon
Wells Fargo's Cellular Protection Plan offers reimbursement for damaged or stolen phones. The plan covers cardholders up to a certain amount per claim, with a maximum of two claims annually. To file a claim, cardholders must contact the benefits administrator within 60 days of the incident and provide the necessary documentation, including a copy of their monthly billing statement and a 'Device Summary Page' from their wireless provider. It's important to note that Wells Fargo's cell phone insurance does not apply to rented, borrowed, or prepaid phones, and there are specific requirements for the coverage to be valid.
| Characteristics | Values |
|---|---|
| Coverage limit | $600 per claim |
| Maximum reimbursement | $1,200 per year |
| Number of claims | 2 per year |
| Deductible | $25 per claim |
| Coverage start date | First day of the calendar month after paying the cell phone charge to the account |
| Coverage suspension | Coverage is suspended if the cell phone bill is not paid in a certain month |
| Coverage resumption | Coverage is resumed the month after the next payment is made |
| Coverage extension | Coverage is extended to rented, borrowed, or prepaid phones |
| Coverage eligibility | The cardholder must pay their cell phone bill using the Wells Fargo Cash Wise card |
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What You'll Learn
- Wells Fargo Cash Wise phone insurance provides up to $1,200 in reimbursement every 12 months
- Coverage is up to $600 per incident, with a maximum of two claims per 12-month period
- To be eligible, a cardholder must pay their cell phone bill using the Wells Fargo Cash Wise card
- Wells Fargo phone insurance doesn't cover phones purchased for resale or commercial use
- To file a claim, you need to call the benefit administrator at (866) 804-4770 within 60 days of the theft or damage
Wells Fargo Cash Wise phone insurance provides up to $1,200 in reimbursement every 12 months
Wells Fargo Cash Wise Visa® cardholders can take advantage of the phone insurance benefit, which provides up to $1,200 in reimbursement every 12 months for repairs or replacement if their cell phone is damaged, stolen, or is unrecoverable due to involuntary and accidental parting. This coverage is up to $600 per incident, with a maximum of two claims allowed per 12-month period.
To be eligible for this benefit, cardholders must pay their cell phone bill using the Wells Fargo Cash Wise card. Coverage starts on the first day of the calendar month following the posting of the cell phone charge to the account. It is important to note that if a payment is missed in a particular month, coverage will be suspended and will only resume in the month after the next payment is made.
To file a claim, cardholders must notify the insurer within 60 days of the date of the incident. Depending on the state of residence, a completed claim with all necessary documentation must be filed within 90 days of the date of loss. Even if all the required documents are not readily available, it is advisable to submit the claim form as soon as possible and provide the remaining documents later.
The Wells Fargo phone insurance benefit is a valuable feature, providing coverage against theft or damage. It is worth noting that the benefit does not cover lost, rented, borrowed, or prepaid phones, nor does it apply to electronic failure or software issues.
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Coverage is up to $600 per incident, with a maximum of two claims per 12-month period
Wells Fargo's cell phone insurance offers coverage of up to $600 per incident, with a maximum of two claims per 12-month period. This means that if your phone is damaged or stolen, Wells Fargo will reimburse you for up to $600 per incident, and you can make a maximum of two such claims in a 12-month period. This results in a maximum coverage of $1,200 in total over a year.
To benefit from this insurance, you must pay your monthly phone bill using a Wells Fargo consumer credit card. The coverage begins on the first day of the month after you pay your phone bill with an eligible Wells Fargo credit card. It is important to note that Wells Fargo debit cards and business credit cards do not offer this cell phone protection.
To file a claim, you must notify the insurer within 60 days of your phone being damaged or stolen. Depending on your state of residence, you generally must file a completed claim with all the necessary documentation within 90 days of the date of loss. Even if you don't have all the required documents, it is advisable to submit the claim form as soon as possible and provide the remaining documents later.
The required documents may include a copy of the police report (in the case of theft) or any other incident report made within 48 hours of the incident. You may also be asked to send the damaged item for evaluation as part of the claim review process. Wells Fargo will then decide whether to reimburse you for the cost of repairing the phone or replacing it with a similar model, minus a $25 deductible.
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To be eligible, a cardholder must pay their cell phone bill using the Wells Fargo Cash Wise card
To be eligible for Wells Fargo Cash Wise phone insurance, a cardholder must pay their cell phone bill using the Wells Fargo Cash Wise card. This is a crucial requirement for availing of the insurance benefits. The Wells Fargo Cash Wise phone insurance benefit provides up to $1,200 in reimbursement every 12 months for repairs or replacement if the cardholder's cell phone is damaged, stolen, or is unrecoverable due to involuntary and accidental parting. The coverage is up to $600 per incident, with a maximum of two claims per 12-month period.
It is important to note that Wells Fargo's coverage limit is $600, so if your phone is worth more than that, you may still owe money for repairs or replacements. Additionally, this insurance does not cover rented, borrowed, or prepaid phones, and it does not cover lost phones. To file a claim, you must notify the insurer within 60 days of the date of damage, theft, or loss, and you will be required to provide documentation, including a copy of your wireless bill demonstrating that the entire monthly payment was made with the Wells Fargo Cash Wise card.
The benefit claim form can be filed online or by hand, and it is recommended to initiate the process online to save time. You can also call the number on the back of your Wells Fargo Cash Wise card to get started, but you will eventually be transferred to Card Benefit Services to file your claim. Keep in mind that there is a $25 deductible for each claim, and you are limited to no more than two claims in a 12-month window.
Overall, while cell phone insurance is a valuable perk, it is just one of the many benefits offered by credit cards, so it should not be the sole factor in choosing a card. Make sure to consider your spending habits and the other rewards, bonuses, and incentives provided by the card.
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Wells Fargo phone insurance doesn't cover phones purchased for resale or commercial use
Wells Fargo's cell phone insurance is a benefit of holding one of their consumer credit cards. The insurance covers cardholders for up to $600 for a stolen or damaged cell phone, as long as the cardholder pays the phone's monthly bill with their Wells Fargo consumer credit card. This includes the Wells Fargo Cash Wise Visa® card and the Wells Fargo Platinum card.
The coverage limit is $600 per claim, with a $25 deductible. There is a limit of two claims (up to $1,200 in total coverage) every 12 months. Coverage begins on the first day of the month after you pay your cell phone bill with an eligible Wells Fargo credit card.
Wells Fargo's phone insurance doesn't cover phones purchased for resale or commercial use. It also doesn't cover rented, borrowed, or prepaid phones, and it won't cover lost phones. To be eligible for a claim, you must notify the insurer within 60 days of the date your phone was damaged or stolen. Depending on your state of residence, you generally must file a completed claim with all necessary documentation within 90 days of the date of loss.
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To file a claim, you need to call the benefit administrator at (866) 804-4770 within 60 days of the theft or damage
To file a claim with Wells Fargo phone insurance, you need to take action within a specific timeframe. Firstly, you must notify the insurer within 60 days of your phone being damaged or stolen. To do this, call the benefit administrator at (866) 804-4770. This phone number will connect you with the relevant insurance company or administrator that provides benefits for your covered card.
After calling this number, you will need to provide certain information and documentation. You will be required to submit a signed claim form within 120 days of the incident. Along with this form, you will need to include other requested documents, such as a copy of your cell phone billing statement, any claims you made through primary insurance providers, and a police report if applicable. It is important to note that Wells Fargo phone insurance does not cover lost phones, phones with cracked screens that are still functional, or phones with electronic failure or software issues.
The Wells Fargo phone insurance benefit provides up to $600 in reimbursement per incident, with a maximum of two claims per 12-month period and a $1,200 limit annually. There is also a $25 deductible per claim. This insurance coverage applies as long as the cardholder pays the phone's monthly bill with a Wells Fargo consumer credit card.
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Frequently asked questions
Wells Fargo will reimburse up to $600 per claim for a stolen or damaged phone. There is a \$25 deductible per claim.
You can make up to two claims per 12-month period, with a maximum reimbursement of $1,200.
You must notify the insurer within 60 days of the date your phone was damaged or stolen. You can call (800) 316-8051 to request a claim form, which you must return within 120 days of the incident, along with other requested documents. Alternatively, you can file a claim online by accessing the Claim Filing & Registration page, verifying your card, creating an account, and filling out your claim.
Wells Fargo phone insurance covers repairs or reimburses you for the phone's value. It protects against theft or damage, but not loss, cracked screens, or other damage that does not impact the phone's functionality.
