Ensquared has a Nexus One Phone Insurance option for Extended Warranty and Damage for as little as $6 per month.

Nexus One insurance or otherwise known as the Google Android phone insurance is an essential item to consider when buying Google’s latest cell phone device.
 
This device falls squarely into the unlocked phone insurance arena – unlike iPhone insurance where the phone is officially supplied by means of a locked contract with AT&T. Unlocked means when you buy your Nexus One smartphone device you have the option of buying the device outright - the phone is not subsidized and is not linked to a fixed contract term as well as not locked into any exclusive phone service provider. The end result of loosing your Nexus One is you have to pay the full replacement price to get another one should you not have the right Cell Phone Insurance.

Google's Nexus One insurance issues and types available

Given that this "Super phone" is unlocked, getting phone insurance from providers like AT&T, Sprint and others is not a given; in fact, it is a difficulty. These providers will normally only insure devices bought from them and shy away from insuring unlocked devices brought to them for service contracts after purchase. Unlocked Nexus One as an unlocked device is cut off from the service provider insurance if that is the case. On the other hand, if service providers - T Mobile is notable - the Nexus One with their contract it is in fact same as a locked device and then can be bought with the T Mobile package. There are key phone insurance aspects to keep in mind when seeking the best-fit insurance:
 
1. Nexus One Phone Damage Insurance

Coverage against Damage for your Nexus One device includes spills, drops, bumps relating to physical damage.

2. Nexus One Extended Warranty

By default the device which is manufactured by HTC comes with a 1 year factory warranty. The warranty generally covers you against factory defaults such as poor audio quality, dead pixels on screen, software freezes and more. To ensure that your Nexus One is covered for more than the original 1 year time period purchasing extended warranty coverage is an important consideration otherwise you will be out of pocket when paying for repairs or parts replacement.

3. Nexus One Lost and Stolen Insurance

We recommend that you obtain insurance to protect your Nexus One smartphone against Loss or Theft. Once your phone is misplaced or stolen only phone insurance can really save you. Without Lost and Stolen Insurance you will be forced to purchase a brand new device. From Ensquared's research more than 40% of all claims are for Lost and Stolen specific incidents. Insurance companies usually require a police report as well as proof that the IMEI number of the device has been cancelled on the relevant cell phone network. 

Conclusion

The Nexus One device costs more than $500 retail and the handset is similar in technology to the iPhone device. It appears that Safeware and other primary iPhone insurance carriers will need time to get their act together on this latest version Google Android device as well.

At this time Ensquared is confident in recommending customers' to the Square Trade Extended Warranty and Phone Damage product.

Ensquared has determined that to date insurance for the Google Smart Phone device has not covered all insurance items in one package, secondly Nexus One insurance is likely to be limited in the per claim value (like the iphone insurance) and may be equated to premium levels attached to the iphone 16GB. Finally, the fact that Nexus One insurance is unlocked insurance it takes many insurance providers out of their comfort zone.