Yes but all that is easily accessible on either Google when you sign back into a new phone or Iphone cloud.Yes but people have pictures of their kids, pets, work emails, voicemails, etc linked to their phones that you have to realize you are throwing out as well. Some of that isn't replaceable with insurance. Throwing it away is a @@@@@@ move and speaks a lot about how much you care about anyone but yourself. If it happened to you you'd be pissed.
When I get a new phone it asks me for my Google login and once that's set all my stuff magically appears on my new phone.