Since smartphones are small, expensive, and likely to get dropped at least a few times in their lifetime, iPhone insurance is something that appeals to many people. If you’ve spent $700-$1,000 (or more!) on a phone, it seems like a good idea to spend a few bucks a month to make sure it lasts for years to come. If you’re interested in insuring your iPhone, familiarize yourself with the options below.

You might be surprised to learn that the one place you absolutely won’t find iPhone insurance — at least not traditional insurance — is with Apple. They just don’t sell it.

Instead, Apple offers an extended AppleCare warranty, which covers support and some repairs for a flat fee (support calls over a certain limit and some types of repairs require additional payments). AppleCare only runs for two years, so if you keep your phone longer you’ll eventually lose coverage, but it’s also a flat upfront fee, rather than a monthly payment.

For many users, AppleCare works as well as insurance. In fact, if you're willing to spend money to protect your iPhone, we recommend AppleCare.