If you buy it at wal mart or best buy I believe they have their own seperate isurance. I have heard some house insuranec insure iphones and other smart phones.
As reported if you bought the device from another source they sometimes offer their own insurance but if you got it from Verizon you have only the one they offer.
The iPhone is only device from Verizon that you can get a plan called Apple Care which is from Apple not Verizon.
Anyone have a recommendation for phone insurance instead of what Verizon offers? (phone was purchased at a Verizon Wireless Store)
If you use the insurance that Verizon offers, there is still a charge when you file for a replacement ($80 for a smartphone I believe) and you still get a refurbished phone, not a new one.
I do not buy the insurance, I hold onto my phones for backups, as I am really good at keeping them in good condition.
My son bought his through Best Buy, they charge $10.79 per month, but there is no charge to get a replacement, but it is still a used model of phone that you will get.