Can I keep my contract number when switching to a prepaid plan?



I am on a family plan with my dad, brother, etc.  Long story short, I want to go to my own plan once my contract is up, and I want it to be prepaid.  I'll be saving money, and I tend to keep a phone for 3-4 years, so I'm prepared to pay the full upgrade price when I need to.  My question is:  can I keep the same number when I end my contract, and switch to a prepaid plan?  This is pretty important to me, not a dealbreaker, but it's be awesome if I don't have to change my phone number I've been using for 6 years already.

Second part to the question:  does Verizon offer any kind of phone insurance with prepaid plans?



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