You know thats a great plan, you get a fixed or new phone and only have to pay 5 bucks one time. Wait though what happens in lets say 1-2 years if something does and your phone breaks. The first question they are going to ask you is "did you purchase the service plan?". Your response will have to be "no", right their you just eliminated many options for you. You then could go i wanted a new phone anways, but if you had the service plan you now have to pay full price. The beauty of the plan is that you can apply the money from the old one to the new one. So in theory your little save a few bucks early has cost you a lot more in the end. Dont try the whole it wont happen to me, because it could to anyone and i have had to many people come back to me and go wow i wish i would have gotten it.