Comment Re:Save your money (Score 1) 225
I'll have to write off a fair few before I come out negative
But the OP is a cell phone liability. He or she admits to breaking numerous phones and to-my-knowledge "replacement phones" don't get the same "low-cost-subsidy" as the phones you'd get for doing a new contract. I don't know the deals that Verizon or AT&T are offering for the current iPhone5, but I assume 2 million people aren't paying $500-700 each. More likely, most are getting the phones with a $200-300 "new contract" discount because that's how the business is run in the states.
All that aside... a few years back I put my college aged brother on my family plan with a Motorola Droid. I opted for the insurance on his phone. He eventually managed to drop it into water and it stopped working. I think the crux of the issue isn't "which insurance to go with" but what level of insurance is needed (and that's a *very* individualized question that isn't appropriate for Ask Slashdot). Another post mentioned being mugged and extreme sports as reasons why phone insurance might be necessary. My guess is that the OP is somewhat of a klutz and buys the insurance because it's a good value for him or her. Just because it isn't a good value for *most* people, doesn't mean the OP should avoid it. That said... this is not a good question for the stingy, risk-adverse Slashdot crowd who -- I believe -- avoids paying extra for things like cell phone insurance.