Imo, get a good case (Eg. Mous Limitless) and a good tempered glass screen protector and be careful with your phone.

Take the money you would have spent on insurance and keep it in an account. Over time you’ll have enough money in that account to cover any issues you have and won’t need to waste any on insurance.

That aside, insurance only really makes sense if you can’t outright afford to replace or repair your device. You’re gonna be out that initial $200 regardless if you use the insurance or not.