Solved
Like the title says, i have a cracked iPhone 16 pro and got my express replacement today and it was a 17 pro.
I was super surprised and checked the serial number on the email that they sent and it matches the phone and the storage is 512gb. I just want to make sure before i set up the new phone that i can keep this with no penalty or extra cost? I have the apple care plus and am expecting to pay $100 for this.