<p>I don’t know Verizon’s policies, but I do know I just had to replace my AT&T iPhone 4 (coffee spill, very stupid on my part!). All I had to do was go to the Apple Store and plunk down $199 for a new phone without any insurance or AppleCare or whatever. And it wasn’t any kind of deal. So even though the supposed retail price is $600 or so dollars, that’s not what they make you pay if you need a replacement.</p>