Thanks for the great advice. >> Always nice to know that there are still people in this world who want to help others.
FWIW, I always get the insurance. A very quick thief stole a phone of mine a while back & I got a new one in a few days. My friend accidentally dropped his phone in water & got a new phone in a few days. (Unfortunately, he hadn't read your advice to back up his BB before he lost his data in the H2O.)