I have not bought Apple Care yet, but I have 11 months left to do so.
I am not worried about drive failure, as I have run multiple drives, including SSDs in Windows PCs for years, with few problems. I know hard drives fail, and when fused, loss of one drive results in the loss of the whole volume, but I backup to a Time Capsule and 2 separate USB drives that are kept off-site, so the chances of any significant data loss are very slim.
I may still buy Apple Care before the end of the year, but if I do it will be to protect me from logic board or similar failure, as I can replace the drives myself, cheaply with generic parts, but not the logic board. I depends if I start running out of space causing me to want to upgrade the SSD to a bigger one, which would probably void the Apple Care so I wouldn't waste the money.