IowaCowboyWant to go back to IowaPremiumReviews:
Just call customer service or stop by any Verizon Wireless corporate store. Once you drop it, you cannot add it again until you purchase another device.
Hint: check your upgrade eligibility, if you're eligible for an upgrade, then drop the insurance as you can take advantage of upgrade pricing if you lose/destroy your phone or have it stolen.
If you have a basic phone, it is not worth having the insurance as those are a dime a dozen to replace at full retail ($300 tops). If you have a smartphone, then it may be worth it to have insurance as those are quite pricey to replace unless you have an upgrade on your account.
I have an iPhone and I dropped the insurance as I am very good with Cell Phones. I have only broken one (back in high school senior year 2002, I damaged a VZW Nokia 5185 during gym class and I only damaged the battery and I popped on a new battery and the phone was good as new) and I had one short out due to perspiration during the summer I worked at the amusement park.
Mom and Grandma are a little tougher on phones and I am considering the Samsung Convoy II (rugged phone) if and when I add them to my Share Everything plan. The convoy is rugged and only $269 to replace.