I do a lot of hiking and have never broken my phone in the wilderness (or in town either, I've scratched and cracked the screen, but never enough to make the phone inoperable). I generally travel with someone else, so it's even less likely that we'll all break our phones at the same time -- if I were hiking by myself, I'd be a lot more worried about having an injury prevent me from calling for help rather than having a broken phone prevent it.

I do carry an InReach when I hike in remote areas but if my phone could make satellite emergency communications, I'd stop paying $144 a year for the InReach.

If InReach dropped the price to $50/year, then I'd consider still subscribing to it.