In a nutshell
As pointed out, it is up to you if you think you need to spend money to add a warranty, or insurance, to your device or smartphone. At the end of the day you need to make that decision. Use this summary to guide you:
Companies make a lot of money from extended warranties; today's electronics do not break that much.
In some cases an extended warranty is redundant to the manufacturer's warranty.
Is the device a company-owned device? If so, ask your company before you try to purchase any type of insurance and/or warranty.
Are you buying an extended warranty for peace of mind?
We do recommend that you review the data we provided and make your own decision.