I am sure this has been discussed but i haven't really seen anyone address this in the threads ive been in so i am just going to throw it out there and hope this is useful for others. I have been struggling with the decision of apple program vs. verizon monthly payment program for a week or so now, both are available to me tomorrow. The one thing that is keeping me from saying the apple program is the way to go is the fact that AppleCare does not cover lost or stolen phone (where as Verizon insurance does with a 200$ deductible). I've never lost an iphone, i have had 1 stolen in London before, and my wife had one ripped out of her hands in the city years ago. this seems like a real concern, would suck to have a payment on a phone u no longer have (esp at 1000$ for the 128gb +). thoughts?