After reading an article on Woot about extended warranties I thought it would be a great idea to see how everybody felt about cell phone warranties. Personally the limited warranty from RIM has always been just fine but I tend to shirk all warranty offers especially from pushy sales reps. Especially after reading articles like this one on BankRate listing 10 reasons why you should not insure your cell phone. On the other hand I know quite a few people who pay about ~$5 a month for the added cell phone coverage from their carrier. I also know a few people who purchased 3rd party warranties for their devices.
So I have to ask. How do you feel about cell phone warranties/coverage plans? If you feel like I missed an option in the poll feel free to suggest it in the comments.