Verizon Wireless has announced that it will be raising the price of mobile device coverage. Extended warranties will cost $3.00 per month, Total Equipment Coverage for basic phones will be $8.00 per month and Total Equipment Coverage for smartphones and tablets will be $9.99 per month. The change is effective for new customers on July 25, 2013, and for existing customers on September 26, 2013. More information. Browse Grudi Associates’ Advanced Data Devices.