I am really wanting to buy AppleCare with my new iPhones and get rid of the ATT Insurance and I have a couple questions. 1) AppleCare does not cover lost or stolen phones. If this happens does Apple have any policy in place to pay a fee and get a new one or would I have to pay $650 to replace it? 2) I will be upgrading my iPhones every year from here on out. Yet AppleCare is two years. Will AppleCare move to my new phone in 2014 or will I just be paying $99 each for one year. Is there any advantage to having AppleCare if you are only keeping your phone one year?