I've had it since the Treo 650 as it was required by my company. I've used it many times for things such as a broken microphone, cracked screen, lost it at a restaurant, etc.. So over the past 5 years, I've probably replaced my phones two times a year. The decuctible is 50 bucks, so when you compare it to what it will cost you to replace it, well it's a trade off. The Centro I had was bought for $99, however when the keyboard stop working I got a new one for $50 which I could have bought a used one for about the same. Is it worth it? yes just because it's no hassle. It's 50 bucks each time, and if you keep the phone long enough (over 1 1/2 years, I'd probably drop the coverage. )