Drowned Phone - Middle of a 3yr contract. How do i get a new phone?

I'm just a little confused... and would like to clear things up with some help. I jumped into the lake with my a900 in my pocket and it came with me for a little wakeboard ride. So im almost certian its dead. I am just under a year into my 3 year contract with Sasktel (they associate with bell). All i'm asking is how do i go about getting a new phone under this number so i can use a phone under this contract? I assume I will have to buy the phone at full price? and is there any way to get the cheaper price on the phone? Example - can I purchase my new phone on say my parents contract due to the fact that they are past contract constrictions, then bring the new phone over to my current number?

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You need to purchase a new phone. Your parents can renew, get new hardware, then swap it out back to their old hardware and give you the new hardware, this is a possibility. You'd have to check with SaskTel to see what the costs would be.