i am not prerpared to pay £15 a month, there is absolutely no way to justify paying that much, my home insurance is only £8! has anybody used anyone else? it must cover accidental damage, theft and loss.
Check your home contents insurance - it'll probably cover the iPhone, but the deductible might make it less worthwhile. Other alternatives may be your bank account (some have phone insurance as an extra) or check your local insurance agent.