Cell phone kill switch could save consumers billions

File photo: iPhone
April 2, 2014 5:26:28 AM PDT
A new study shows that if a kill switch was made mandatory on all cell phones, consumers could save $2.6 billion each year.

The switch would allow phone owners to completely disable their stolen phone, making it unusable for thieves.

A professor from Creighton University studied the information from 1,200 smartphone owners. The study found that consumers would overwhelmingly support a kill switch.

"Overall, it seems clear that Americans want the Kill Switch and that an industry-wide implementation of the technology could significantly improve public safety and save consumers billions of dollars a year," said professor William Duckworth. "My research suggests that at least half of smartphone owners would in fact reduce their insurance coverage if the kill switch reduced the prevalence of cell phone theft."

By reducing insurance coverage and eliminating the cost of replacing stolen phones, Duckworth determined Americans would save billions annually.

Click here to read more on the study from Creighton University

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