LOST IPHONE WHAT TO DO? No insurance?

I have an iphone 4s on a 2 year contract with o2 uk and i've had it for 1 year and almost 3 months now but i have no insurance on it. I lost it on the bus yesterday and already contacted the lost and found service but they claim no one has handed in a black iphone, i have also contacted o2 and all they said was that they could only put a barrier on it and i'd have to buy a new phone, basically they didn't help much.i'm now using the FIND MY IPHONE app that's on there, but my iphone is offline as it was out of battery just before i lost it.
i was wondering if anyone knows a quicker solution to find my iphone! I'd appreciate your help so much! Thank you!

Added (1). On find my iphone it's on offline and the lost mode is pending till it connects to an internet connection so i'm not able to track it down yet.

Btw I have that to and you should put your number in online and track it down someone once got theirs stolen and tracked it down and the person that had it arrested

If someone tries using your iPhone without deactivating the Find My iPhone feature, just continue trying that. Call your carrier so they can be on the lookout for your iPhone connecting with the network.

Unless someone tries to connect, or hands it in as lost property, there's no chance of finding it I'm afraid.

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