A Verizon Cell Phone Insurance policy will help secure, replace and support your device. The Total Mobile Protection (TMP) plan is the most comprehensive plan available. For only $10 a month, it covers loss, theft, damage and malfunction. For $8 a month, you can get the Total Equipment Coverage (TEC) plan. It provides similar benefits to TMP without loss coverage. For $5 a month, you can get the Wireless Phone Protection (WPP) plan. It includes all TEC benefits minus post warranty expiration. You can also get the extended warranty plan for only $3 a month.