I recently splashed out for a new phone. With mobile contracts being what they are in the US (obscenely over-priced in a poorly regulated market) I decided to buy an unlocked phone outright, making it the most expensive thing I own, as well as being one of the things I'm most likely to lose - a dangerous combination.
Here's the three things I've done to help guard against that, two obvious, one hopefully interesting enough to justify this post:
Bang goes the warranty too of course, so you may wish to wait until that's run out for this:
Bonus suggestion: Check the phone is covered by your home insurance. Last time I did this (in the UK) it cost no extra, but I did have to specifically list it (and anything else over a certain value). Even if it costs more it won't be as much as the dedicated insurance the carriers try and sell you.
Here's hoping Murphy's law doesn't lead me to drop it in the toilet the day after posting this. :-)