What do you do when your iphone is stolen?

I don't wanna inform the police. I'm going to deactivate my phone but does apple or verizon replace stolen phones

If you have iCloud on your iphone sign onto it using find my iphone app

There may be some sort of warranty you can buy before that happens. If have not already bought it though, you are out of luck. Get an android this time and use lookout or Plan B if it happens again so you can track the thief down.

No one is going to replace your phone for nothing. What part of the story are you not sharing?