I have Sprint and pay $11/month per device. My wife and I both have S4's and when the charging port on her phone went out there wasn't a deductible at all.
This is sad people. Peace of mind? So by year one you have paid out $264! Sounds like you will pay for repairs whether you need them or not. Here is a good idea pay yourself $22 a month, and when you need repairs pull it from your savings account.
All of these things are scams! They make off like bandits and for what? You are essentially handing out free money to these companies. The percentage of claims is minimal. The fact that 3rd parties, who absolutely no stake in you or your devices is willing to "insure" these things should send up some red flags!