When I purchased my Phantom from B&H Photo in NYC they offered me a Squaretrade Protection plan for 3 Years at $135.00
The plan covers drops and spills and Accidental Damage from Handling (ADH).
So as long as I can recover it I will be covered for any crashes (hopefully wont ever use it).
Accidental Damage from Handling (ADH) coverage
ADH coverage is available for new, store-purchased items and protects against drops and spills. It does not cover loss, willful damage or gross misuse.
ADH is typically offered as part of your Protection Plan for iPhones, iPads, Smartphones, Tablets/eReaders, Laptops, Cameras, and MP3 Players. It is also offered as an option for, Portable Gaming Devices, GPS Devices, and other portable electronics.
Exclusions: Refer to the details of the contract for the full list, but there are 5 notable exclusions to your coverage. •Pre-existing conditions: Items sold in non-working or partially working conditions. We consider any mechanical or electrical issues occurring on refurbished iPhones and iPads during the first 30 days and used or refurbished eBay items during the first 45 days to be a pre-existing condition (we DO cover accidents in the first 30 for refurbished iPhones and iPads (first 45 days for eBay items) if you purchased Accidental Damage from Handling coverage).
•Accidental damage: Unless Accidental Damage from Handling Protection is purchased, we don’t cover items that are accidentally damaged - such as water damage, dropped iPods, and cracked laptop screens.