Insure Me is an app aimed at helping people find iPhone insurance at a special discounted rate to guard against theft and damage. While theft and damage are both real possibilities for iPhone users, there is such a thing as handset replacement insurance available through your wireless carrier.
iPhone and iPad apps tagged "insurance company."
You Might Need iWrecked - Auto Accident Assistant
I would like to say that I have never had a car accident but, unfortunately, this is not the case. I have been in five car accidents in the past 15 years. (None of them were my fault. I swear it).