DannieDarKo
Destined Tragic Soul
Not sure if you guys are aware but you can pick up a warranty through a company called square trade for $5.99 a month. It covers the phone for two years to include accidents like dropping it. There is a $50 deductible. This is the best coverage I was able to find and seemed to make the most sense for the money. The got pretty good reviews for their coverage from gizmondo as well.
I went ahead and ordered that a few days ago. Keep in mind it does not cover loss/theft. I've never lost a phone so I am not too worried about it.