Most insurance policies don't cover water damage – which incidentally is
quite easily detectable. One bizarre cure is to place the handset into a bag
full of dry white rice. Conventional wisdom says you should take the battery out
and then allow the phone to dry naturally in something like an airing cupboard.
However, writing on Toptipsforgirls.com,
one respondent suggested the rice cure and claimed that after two days
submersion in rice the handset worked perfectly. Other contributors suggested a
hair dryer – which Mobile Software Insight wouldn't actually recommend.
But given that you're going to lose the handset anyway, other cure is better
than nothing.