If I get a replacement for my iphone will I still be able to upgrade?

I have sprint my upgrade is available but I want to get the iohone6. My phone fell in water doesn't turn on I have a third party insurance that'll replace my phone. My question is if I get a replacement will I still be able to upgrade?

With insurance you'll pay a deductible ($200) and then you'll get a refurbished phone.

for your best chance to save your device (even if you just want to sell it and get the 6)…
1. Do not turn it on or try to charge
2. If possible, remove the battery
3. Contact http://www.tekdry.com/ - they have a patented process that will remove all of the water for sure - typically in about 30 minutes, without taking it apart. Best part is that you only pay if they are successful (your shipping cost may be at risk if you're not near their store).

With rice or desiccant, it takes much longer (days) and you don't know if/when your device is dry. Each time you try to power it on to find out if it is dry, you do more damage to your device. Plus while your device sits in rice for days it continues to corrode and you get rice particles inside creating more issues.

Rice (or silica gels/desiccants) does absorb water, but only when in direct contact. Rice outside of your device will not draw water from within it. If the humidity is extremely high it is possible rice will draw some water from the air, however the humidity around your wet device is not going to get that high. So while popular to try, rice does not actually do anything to dry your device. You might think it did if your device turns on but there's likely still water inside that can continue to cause damage

Yes you will still be able to upgrade. Upgrades are based on your contract. Usually 24 months. They give you the phone and make you renew contract