No. When you buy a warranty on your phone, you are paying for it to be replaced if the phone is lost or stolen, or gets broken through no fault of yours. You can only get a new phone of comparable value if the old phone is no longer available. Usually, you only get new one through yearly upgrades.
Do u have insurance? If u do u can report it stolen,go to your nearest police station get a police report mail it in,then u will be able to get a new phone but it will be the same model and u will need to pay around $50 to continue the insurance to the new phone