So I went to Statefarm and was told I could open a "Personal article" policy that will cost me about $40 a year. It will cover the cost if lost, stolen, etc. No deductible. They need proof from Apple or AT&T to show the actual cost of the iPhone for replacement. So what would be the actual cost if I lost it. Say I have the 16gb, I paid $299 w/ two year term. If I lost the phone, what would I pay to replace? A form I have from ATT says $599-8gb and $699-16gb...true?