Alongside the iPhone 14 and iPhone 14 Pro announcement, Apple today updated AppleCare+, introducing support for "unlimited repairs," up from two repairs per year.
Apple says that AppleCare+ for iPhone "includes unlimited incidents of accidental damage protection," with each one subject to service fees. Screen or back glass damage carries a $29 fee, while other accidental damage carries a $99 fee.
Accidental damage includes physical damage from handling due to unexpected and unintentional events, and it does not cover theft. Apple has a separate Theft and Loss AppleCare+ plan that covers two incidents per calendar year. AppleCare+ for the iPhone is priced at $79 for two years or $3.99 monthly.
Unlimited repairs are also available for the Apple Watch, iPad, and Mac, with the feature applicable to every AppleCare+ plan.
Apple has unveiled a whopping nine new products so far this March, including an iPhone 17e, iPad Air models with the M4 chip, MacBook Air models with the M5 chip, MacBook Pro models with M5 Pro and M5 Max chips, the all-new MacBook Neo, an updated Studio Display, a higher-end Studio Display XDR, AirPods Max 2, and now the Nike Powerbeats Pro 2.
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At some point it is better to just put that amount into savings each month and insure yourself.
Can you clarify? The point of insurance is that you pay a manageable amount per month with the understanding that something MIGHT happen, and if it does, you’re not hit with an enormous financial burden all at once. Saving your AppleCare+ payments for 8 months, say, and then breaking your phone and having to buy a brand new one, isn’t really putting you in a better position risk-wise. Sorry if I’m misunderstanding your point.