Bottom Line Telecommunications offers the LifeProof FRE Waterproof Case for iPhone 5 in Black (pictured), model no. 1301-01, or White/Grey, model no. 1301-02, for $51.08 with free shipping. That's the lowest total price we could find by $11. It features 6.6-foot drop shock protection; it's also waterproof to depths of 6.6 feet.