What exactly do you think AppleCare is, if it's not a separate insurance policy? Just because it's offered by Apple (in some regions) doesn't make it appreciably different from the insurance you have -- and have already used. You're not even out any of your own money, and yet you're still moaning about how unfair Apple is!
Basically, what I get from this conversation is that you're just complaining for the fun of it.
You don't get it, do you?! I'm not complaining/fighting because of money, I'm doing this because I believe that there is still such a thing as right and wrong!!!! I sometimes feel that it's an outdated concept but I don't care.
If companies aren't held accountable for what they say and publicize and if they aren't liable when their product doesn't perform as publicized, what will keep them from aledging/publicizing whatever they want to boost sales?? If a new phone is publicized as being water restsiant bla, bla, bla maximum depth of 2 meters up to 30 minutes bla, bla and dies with a few splases of water, the manufacturer either made false claims about the phone's specs or sold a sup-par phone. In either case the manufacturer should be responsible for replacing or repairing the phone.
To boost sales, companies have been allowed to exagerate their products' features or downright lie about them, with little or no consequences, for way too long and people are so used this that many have become desensitized to the problem and are actually ok with it, especially fanboys and girls.