Exactly, and their numbers even justify to me why this warranty is unnecessary. Repairs on an iPhone 4 for non-warranted issues like damage are $200, unless yo

Exactly, and their numbers even justify to me why this warranty is unnecessary. Repairs on an iPhone 4 for non-warranted issues like damage are $200, unless you break it into multiple pieces [1]. Unless SquareTrade's numbers show you have a >50% chance of destroying your phone accidentally within 2 years of ownership (they don't), why would you buy a $99 warranty from them? I'd rather save $99 now and risk a 15-20% chance of having to pay $200 a year and a half from now. A lot of credit cards double the manufacturer warranty on purchases, so for actual failure of the device you can still be covered for the length of your 2 year contract. [1] http://www.apple.com/support/iphone/service/faq/#warranty7 http://www.apple.com/support/iphone/service/faq/#warranty7