I have been doing reading and researching this issue. and came to a happy conclusion. State Farm insruance will insure any item with value of 500 dollars or more. they happily insured my iphone for 30 dollars a year zero deductable!!!! thats right. complete coverage for loss, theft ,accidental damage as well as manufacturer problems... 2.50 a month isnt bad for peace of mind. i didnt have any policys with state farm, i just called my local office out of the blue and they insured it.