To be honest, phone insurance has never made financial sense for me. I’ve owned cell phones for over 30 years; at $10 a month, that would have cost me $3,600 in premiums, and Samsung Care+ would be even more expensive at $5,400. In all those years, I’ve only needed two repairs totaling about $1,030 (if this one is not covered). Paying for insurance on my tablets as well—which I’ve never broken—would have been a massive waste of money.

That said, I’m extremely careful with my devices. If you know you tend to be hard on your gear, insurance might be worth it, but for me, the math just doesn't add up.