I went with the insurance. I was not expecting the $3.18 monthly increase from the $6/month I was paying before. I also noticed the deductible went from $89 (Droid X) to $169. Inflation?
Thats still almost $170 saving from full retail on the 16gb or $270 on the 32gb. And more than likely your gonna only pay for about 18 months at most (if even that) so then your at about $230/$330 less than retail respectively. And it only works out better for ya if you have a claim sooner.
Disclaimer: Not that I am insinuating anything or promoting wrong doing.
I went with the $10.99 plan for both phones that I ordered. And I could have sworn it was a $169 replacement/deductible fee.
Also, my order confirmation that I printed out after ordering reflected this but the email confirmation that I recieved doesn't have it listed on it. Hmm... For now, I'll wait until I get something else showing one way or the other before I call in about it.