Galaxy 5s

AT&T has a trade-in program
https://tradein-program.att.com/home.php5?c=en-us
or sell it on eBay or Craig's List
Or keep it as a spare and don't buy insurance on the Galaxy.

You could always check to see if you are eligible for the new next program. All you would have to pay up front is the sales tax for the galaxy, and then the cost of the device is broken up over monthly installments on your bill. If you go this route you might want to check out the mobile share value plans where they discount the service to offset the cost of the device.