I don't really like the way Asurion works, and it's not what I think most people would expect when they make a claim.
Could you expand on this a little?
I’m debating if I should get AppleCare or consider above mentioned plan for my new 16” MacBook Pro. Asurion offers 4 years, no deductible plan that includes physical damage for just $249... should I bite? Has anyone used them?
You can often get better protection from your credit card company for free or small fee.
This plan typically gives them latitude to replace with what they see fit, not an identical model. Often can be lower spec, smaller SSD, less RAM, etc.
I'll say this as an FYI and not sure how if it would apply to MBP 16" - people who have used them with iPhones in the past have had those replaced with Androids during damage replacement after waiting several weeks for exchange.
Could you expand on this a little?
Third party plans are typically horrible and a probably a rip off. Asurion included, and not just for electronics. It's a far cry from the type of service you get with Apple Care. I bought one plan years ago for a TV that ended up being faulty, and in the fine print you had to get three service calls to your house, with a technician attempting to fix it each time, before they would even start to consider a replacement. These plans always make you jump through ridiculous hoops to get to the point where they'll actually REPLACE your product.
And typically third party plans offer you refurb products that aren't necessarily in as-new condition. You might get a refurb with dents in it, and you have no recourse.