I agree with others. I cannot recall reading any story on Slashdot that made less sense.
Additionally I have never understood the point of cell phone insurance. The phones do not cost that much. Just insure it yourself. If you lose it or damage it, buy another one. In the end, you'll come out ahead. Insurance companies understand this, so should you. Only stupid people pay for phone insurance.
Also, if you cannot live without a phone for a day or so, then keep an old phone around for emergencies. If you do not have one, get one off of Craiglist or eBay. Plenty of really decent options for $50, for a backup phone. With T-Mobile and AT&T, you can swap out the SIM and you're ready to go. With Verizon and Sprint, you have to go a web page to register your new phone. Done.
Lastly, I know other people have said it, but it is worth repeating. Don't be so damn stupid!