It might work for renters insurance also.
I just called them up. They cover a mobile phone loss just like any other loss - unless it was stolen from my car (at which point it would go under my car insurance).
BUT - I would have to pay the $500 deductible. The girl I talked with did say they were researching ways to cover smaller electronics, but currently have nothing.
So, I am thinking the Verizon insurance for now unless Best Buy comes back with something bigger & better.
15 * 6 = $90
6 * 6 = $36
$90-$36 = $54 -$50 (For verizon's deductible) and verizon customers come out 4 dollars ahead.
Anything before 6 months and iphone wins.
Resistance is futile.
On 11/16/2009 DroidNet Became Aware
Break even appears to be at 20 months if:
BB - $10/mo * 20 months = $200 total
VZW - $6/mo * 20 months = $120 + $80 deductible = $200 total
Considering NE2 discount (when most of us might consider a new phone anyway):
BB - $10/mo * 24 = $240 total
VZW - $6/mo * 24 = $144 + $80 deductible = $224 total
Anything over 20 months makes Verizon slightly cheaper.
If your phone breaks once and then lose it the the next time. Its definitely better than buying two phones. They let you replace it twice during your two year contract