[pdoc01]

I dropped my phone in the middle of the street one time while running across, and amazingly 6 cars ran over it but never made contact with it. I did murder a wired stereo headset by accidentally leaving it hanging out the door while driving 60mph. All that was left when I opened the door was 2 little smoking wires.

But back to the op. Sprint insurance (Asurion or whatever it is called) doesn't charge you the full price of the phone if you report the phone as lost or stolen. (they still want the 50 bucks though) They only charge full price when you report is as broken (as in "you still have it") and don't return it. They don't expect you to return a phone you don't have.