Personally i have my phone on my Home Contents Insurance as the excess fee's are low and they swap out the phone for new.
Some Mobile Phone Insurance companies premiums are high , so are the excess fee's and some only swap out a phone for the same age of ownership.
In the Uk some Bank Accounts cover phones as a perk of the account.
Prevention is better than cure too.
A good case and a screen protector goes a long way to stop damage.
🌈 Stay Safe & Stay Alert. 🌈
Current Phone ~
Samsung Note 20 Ultra 5G SM-9820 _256Gb SnapDragon 865+
Samsung One Ui 2.5/ Android 10.