Cheapest iphone insurance understands that when you chose to buy an iphone, you liked it and wanted to enjoy the services it provided. This is the reason why the service undertakes to ensure your phone is repaired soonest or if it is to be replaced that is also done urgently. It is in the same vain that the insurer will make sure you get a phone similar to your own and that all the data you stored in it are retrieved and restored to you.