I used to advise all my customers to buy AppleCare.
For the past few years, I've been recommending that they save their money.
A new Mac typically has one moving part - the fan. It's not an expensive part, if it fails, the repair will be significantly less than the cost of AppleCare. The rest of the parts, if they survive the first year, will likely not fail during the next two. And as others have mentioned, many credit cards will double (or more) the warranty for free.
Back when Macs had optical drives and spinning hard drives, there was a good chance that you'd see those parts fail during the AppleCare coverage, and not infrequently the part plus labor on the optical drive would be around the same price as the AppleCare. If you were a heavy optical drive user you could easily come out ahead, because optical drives are fragile. Now, the external optical drive is cheap, and you don't need to pay a tech to plug in a USB cable.
The accidental damage thing changes things slightly. It might make sense for you, but probably won't. See, chances are your homeowner's or renter's insurance will cover accidental damage to your computer. Check your policy, check your deductible, and consider a rider with a lower deductible for computer equipment, you'll probably find it's cheaper than buying AppleCare+ and paying the accidental damage fee.
Oh, and actual design defects that affect lots of users (like the bad graphics chips Apple put in multiple generations of Macs) tend to end up being covered by a repair extension even on an out of warranty machine.
For the past few years, I've been recommending that they save their money.
A new Mac typically has one moving part - the fan. It's not an expensive part, if it fails, the repair will be significantly less than the cost of AppleCare. The rest of the parts, if they survive the first year, will likely not fail during the next two. And as others have mentioned, many credit cards will double (or more) the warranty for free.
Back when Macs had optical drives and spinning hard drives, there was a good chance that you'd see those parts fail during the AppleCare coverage, and not infrequently the part plus labor on the optical drive would be around the same price as the AppleCare. If you were a heavy optical drive user you could easily come out ahead, because optical drives are fragile. Now, the external optical drive is cheap, and you don't need to pay a tech to plug in a USB cable.
The accidental damage thing changes things slightly. It might make sense for you, but probably won't. See, chances are your homeowner's or renter's insurance will cover accidental damage to your computer. Check your policy, check your deductible, and consider a rider with a lower deductible for computer equipment, you'll probably find it's cheaper than buying AppleCare+ and paying the accidental damage fee.
Oh, and actual design defects that affect lots of users (like the bad graphics chips Apple put in multiple generations of Macs) tend to end up being covered by a repair extension even on an out of warranty machine.