From reading on the Apple Store website I am still a little confused about what AppleCare actually covers. If it doesn't cover a broken screen, cracked case after a year, or a similar issue, what is the point? It seems to cover hardware failure, however from reading up on the topic it is very unlikely that a HD would fail, and if it does I could easily just swap it out myself. Wouldn't it just make more sense to save the money and spend less on insurance for the machine? Here is a link to the Terms and Conditions [PDF] Can anyone speak from experience on this?