iPhone? no.
Out-of-warranty replacement is $230... decreases later in life to $150. And may never need to spend it.
Applecare is $100 up front guaranteed, with $50 deductible.
So it's a question of.
No accident/breakage: $o w/o, $100 with
accident/breakage: 230/150 w/o, vs $150 with
Basically, your paying $100 up front in order to save $70-$0 later.
Not economical, especially when it doesn't cover theft, or complete loss (dropped in lake).
iPad, and certainly some Macbook it starts to become a little more valuable since the OOW is higher.
----------
I didn't buy applecare for my IPhone 3G. Two weeks after the warranty expired, the phone stopped working. I've bough applecare for all my i devices ever since then.
You paid $0 for extra warranty. Since you were past the 1 year warranty, the next phone should have already come out. The out of warranty fee should have been $149-ish.
If you HAD Applecare. Paid $99 up front for Applecare. You should have been charged a $49 fee for out of warranty service, and been out$148.
Your lack of buying Applecare up front cost you a whole $1.