For the iPhone 5, the deductible was $50 (I actually used it once). But for the 5s they raised it to $79. That is why if I get a warranty it will definitely be with Squaretrade. $50 deductible for them, and up to 4 incidents, not just 2. And they allow you to get it fixed/replaced at the Apple Store Genius Bar too.
Really? I need to look into that. How do they handle the replacements? Do you have to pay up front and they reimburse you? I purchased my iPhone at full retail price. Do they handle that differently?