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I have Verizon insurance, is it worth it to switch to Apple care +? Ive never had it. Always thought Verizon was better to do theft or lost coverage.
AC+ doesn't cover loss/theft.
If you buy AC+ annd pay for the Asurion Wireless Protection Plan (WPP) = $7.15/mo rather than Total Mobile Protection (TMP) at $11/mo, you still get the loss/theft protection. Here is how much it would cost for 2 years:
Asurion WPP = $7.15 x 24 = about $172
AC+ = $129
Total = $301
The Asurion WPP deductible is $150 for the base model iP7 and $200 for higher storage iP7 models and the iP7+.
If you pay for Total Mobile Protection (TMP), here is how much it would cost for 2 years:
$11 x 24 = $264
With TMP you get Asurion WPP + deductible free extended warranty + tech coach. Tech coach is worthless, it simply allows you to call 611 and get help with apps, lol! Complete waste of money.
However, in some states Verizon also offers Total Equipment Coverage (TEC) for $9/mo, which is the Asurion WPP + deductible free extended warranty without the worthless tech coach.
$9 x 24 = $216
TEC is the best value but Verizon's certified like new replacement devices are awful, just total crap. Nothing at all like the Apple refurbs.
So for my family, we do just AC+ for the adults and then self-insure for loss/theft. The younger people get AC+ + Ausrion WPP.
As has been mentioned before, if you sell your device, trade it in or lose it before the 2 years are up, you can get the remainder of the AC+ refunded to you minus a 10% cancelation fee in some states.
Also, some states charge sales tax on the AC+, TMP, WPP and TEC. In addition, Verizon calculates the FUSC based on the total bill including any charges for WPP/TMP/TEC.
One additional point - if you pay your Verizon monthly bill with a Wells Fargo credit card you get theft and accidental damage protection for a $25 deductible for the first 4 lines that appear on your bill.