I purchased a Droid Charge from Wirefly (instead of Dan's Amazon Wireless link) because I miscounted days and realized over the holiday weekend that the only way I could get the phone in time for unlimited data was to have the phone overnighted to me (Amazon only offers 2-day shipping).
I signed up for Wirefly's equipment protection at $7/month, which is through a reputable company and protects the phone from theft and damage without a deductible. Unfortunately, the policy does not cover unexplained loss, theft if you leave the phone in an unsecured location or water damage. Loss and water damage seem to be the most obvious reasons for insurance.
Version offers insurance through Asurion for $5 or $7/month ($7 plan includes extended warranty) that cover everything including loss and water damage. But Asurion's plan has a $99 deductible.
Anyone have any thoughts or experiences with this or want to suggest alternatives?
BTW, the phone is for my wife who spends a lot of time with our 3 year old and our 3 month old kids --- so insurance is important.
Thanks