SO,
I was in the mall today and an Auth Dealer for ATT (NOTE: not a store that sells the iPhone yet) was offering insurance for iPhones.
This is a promotion that is run by the owner of this store (branded as an ATT store and only sells ATT...AND is bigger than the Corp. ATT stores in the area, but just some random guy who bought the space and the auth. to sell ATT service). The store will insure your iPhone for 100 bucks for 2 years...it covers EVERYTHING. Loss, Stolen, Dropped, Thrown into the pool, etc. It's a great deal and I think I'll invest in that instead of AppleCare in July...
PS-
I'm in MN and it was at the Ridgedale ATT store on the 2nd floor if you are in the area.