Assurant report shows consumers get $1.63 billion from mobile trade-ins in Q1 2026, up 31%

Assurant, Inc.

Assurant, Inc.

AIZ

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  • Assurant trade-in market report flagged USD 1.63 billion returned to consumers via mobile trade-ins in Q1 2026, up 31% year over year.
  • Trade-ins increased in strategic importance as smartphone prices rose, with refurbished-device demand supporting higher residual values.
  • Protection plans lifted trade-in payouts, with devices in better condition often qualifying for up to 50% higher value.
  • Industry activity hit a record on volume and value; average traded-in device age held at 3.81 years.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Assurant Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260616953531) on June 16, 2026, and is solely responsible for the information contained therein.