Are you getting ready to grab the new iPhone next Friday? Might be you’ll love this news. Since AT&T wouldn’t offer insurance for any iPhone, seems Best Buy’s offering is worth purchasing. For some peace of mind, of course.

Normal cell phone insurance via Best Buy will cost you anywhere from $7 to $10 a month. Not the case with iPhone 3G S, Best Buy has raised this fee to a cool $15 a month. This premium fee is most likely due to the full retail price of the 3G S being so high at $599 and $699.

Good news is that this insurance will cover all sorts of damage – liquid damage, cracked screens, cracked casing, etc… All you have to do is bring your damaged iPhone into any Best Buy, they will fix it or replace your device on the spot.

[Apple Insider via The iPhone Blog]