+1. Thank you for the thorough debunking of this applecare myth. I’ve owned tons of apple stuff for three decades. Never had problems that applecare would have helped with.I've owned more than 10 bits of expensive consumer electronics in my time, and I can't think of any of them that I've seriously damaged in the first 3 years. Sure, my MBP took a dirt nap - but by then it was over 3 years old and I'd done some internal mods that would have voided any insurance. I've had GPU faults fixed under Apple's repair program - no insurance required. Now I've temped fate, my iPad Pro will probably get trampled by a herd of wildebeest but that still leaves me ahead of the game.
Thats also ignoring the possibility that your home insurance either already covers (or could cheaply be extended to) your devices, or people who get insurance via their credit card.
There's a very simple rule - never pay to insure what you can afford to replace - based on very simple math: insurance is a for-profit business - and it's not profitable to sell a policy for $X if a significant proportion of customers claim more than $X.
Insurance is for things like house fires and third-party liability that would cause you major financial distress.
Extended warranties are also a con: they're basically covering your device for the middle part of its lifetime where it is least likely to fail. See bathtub curve. That goes double if you are outside the USA in a jurisdiction with stronger consumer rights laws.
Had I spent money on applecare all those years I’d probably have wasted a good $10,000 by now.
@PastaPrimav