It was cheap enough that if it broke, I wouldn't be too upset. My rule is if I have to get insurance or if I am afraid of breaking it too much, then I can't afford it, and Moto G was in that range.
I've had it for about half a year. At no point in this time period, for example, have I thought "Gee I wish I had something more powerful". Granted this is the most powerful phone I've had, so maybe if I handled an iPhone I would be blown away, but so far so good, I am very happy with it.