A client is required to act with a lot of vigilance even when holding iphone insurance plans since the company counts on their support to have the policy work successfully. When iphone insurance covers were first introduced, costs were very high. The main reason why costs were high is that perceived risks were very high basing on the fact that no one was particularly sure how the phones will perform and the exact costs that will result from any failures and such other issues. Carelessness which results in unwarranted losses contribute to making insurance costs extremely high and companies discourage such at all costs.