I was going through my old emails from my Corp verizon rep. I had asked about the insurance option (which I have). I have insurance on the phone, but here is what he said:

Quote Originally Posted by VerizonRepInWriting
Full retail price for the Treo700W is $619.99. If the Treo was lost, stolen, or destroyed prior to your being eligible to upgrade I'd have to charge you $619.99 to replace it. If you take insurance for $5.99/month the insurance co. would replace the device for a $50- deductible if it was lost, stolen, or destroyed. This insurance option also extends the warranty on the device from 12 months to 24 months. You can add insurance up to 15 days after getting the new device.
I have never read on the boards that the insurance option doubles the warranty on the device. Is that really the case?