What type of insurance is AppleCare?
Asked by: Prof. Meggie Schuppe II | Last update: September 30, 2025Score: 4.9/5 (15 votes)
Who insures AppleCare?
Thank you for buying AppleCare+, an insurance policy underwritten by American International Group UK Limited (AIG), who agrees to insure Your Apple Watch, HomePod, iPad, iPhone, iPod, or Apple- or Beats-branded headphones according to the terms and conditions contained in this Policy.
Is AppleCare a product or service?
AppleCare is Apple's own service and extended warranty wing, which helps users get priority in technical support. Then there's also the AppleCare+ plans, which can help you from emptying your pockets on repairs of Apple products.
What exactly does AppleCare cover?
AppleCare+ with Theft and Loss is an insurance policy covering the risk of theft, loss, and damage to your iPhone and the need for technical assistance. AppleCare+ with Theft and Loss does not provide coverage for failure due to defects in design and/or materials and/or workmanship.
Is it worth it to pay for AppleCare?
AppleCare+ can be a good investment, especially for those who tend to be rough with their phones or want additional peace of mind. The cost of repairs for a damaged iPhone can be quite high without it, so having coverage can be a money-saver in the long run.
AppleCare+: Smart Coverage or Just Another Money Pit?
What is the disadvantage of AppleCare?
Con: repairs and replacements aren't free
Other accidental damage will run you $99. If you have a loss or theft plan, getting a replacement device will cost you $149.
What is the difference between AppleCare and AppleCare+?
AppleCare refers to the standard limited warranty that comes with any Apple device you purchase, while AppleCare+ is the extended warranty that you must purchase separately. Under the standard warranty, Apple includes 90 days of complimentary support regardless of whether AppleCare+ is purchased.
Is AppleCare a type of insurance?
Both AppleCare+ and AppleCare+ with Theft and Loss are insurance products that provide 24/7 priority tech support1 and hardware coverage,2 including unlimited incidents of accidental damage protection.
What is not covered by AppleCare?
What is not insured? loss or theft, normal wear and tear, intentionally- caused damage, fire or cosmetic damage which does not affect the functionality of the device. defect in design, workmanship, modification or any alteration of the covered Apple device.
Does AppleCare+ work internationally?
Worldwide coverage is provided as long as the covered device is returned to Apple, an authorised reseller or a service provider. Claims made in a different country require compliance with import/export laws, with the user responsible for associated taxes and charges.
Does AppleCare+ cover loss?
Both AppleCare+ options provide repair or replacement hardware service for your iPhone. Depending on the plan you choose, you'll get unlimited incidents of accidental damage protection and up to two incidents of theft or loss coverage every 12 months. Each incident is subject to a service fee or deductible.
Does AppleCare cover physical damage?
AppleCare+ for iPhone extends your coverage to 2 years from your AppleCare+ purchase date1 and adds unlimited incidents of accidental damage protection. Each incident is subject to a service fee of ₹2500 for screen or back glass damage, or ₹8900 for other accidental damage.
Does AppleCare cover a cracked screen?
AppleCare+ for Apple Display extends your coverage from your AppleCare+ purchase date and includes unlimited incidents of accidental damage protection, each subject to a service fee of $99 for screen damage or external enclosure damage, or $299 for other accidental damage, plus applicable tax.
Who is Apple's insurer?
If you add in the Apple Care + (covers theft and loss), it is actually an insurance program, and AIG underwrites it. AppleCare+ extends the warranty and service and adds an insurance program (covered by AIG) to your Apple device.
How do I claim AppleCare coverage?
Claim Filing Procedures and Requirements
If Your Device was Damaged, Lost or Stolen7: Start a claim online by visiting support.apple.com or call 800-APL-CARE (800-275-2273). Claims must be filed within 60 days of incident. circumstances surrounding your device's loss or theft.
How much does Apple make on AppleCare?
In fiscal 2020, AppleCare sales exceeded three percent of revenue. In fiscal 2021, AppleCare sales fell just below three percent of revenue. Over the long term, the average rate is 3.6%, and it's 3.3% in the iPhone era (since 2007).
Does AppleCare cover all damage?
AppleCare+ covers things like a cracked screen or anything that causes your phone to malfunction. It does not, and never has, covered cosmetic defects or damage.
How much does it cost to renew AppleCare?
The two-year term extension is $149. Keep in mind this only applies in select countries, and you need to purchase the new coverage within 30 days of your AppleCare+ expiration date. Extend your AppleCare+ coverage - Apple Support will show you details like eligible countries and how to check when your coverage expires.
Does AppleCare+ cover water damage?
Damage to Mac computers and accessories due to liquid exposure is not covered by the Apple One (1) Year Limited Warranty or the AppleCare Protection Plan. AppleCare+ for Mac adds unlimited accidental damage protection subject to a service fee plus applicable tax. Exclusions apply.
Is AppleCare a warranty or insurance?
Think of AppleCare+ as the equivalent of an extended warranty. You can cover an iPhone, iPad, Mac, Apple Watch, Vision Pro, Apple Display, Apple TV, HomePod, and even AirPods or Beats headphones. It gives you access to certain repairs (for a fee), 24/7 technical support, and more.
How do I know if I have AppleCare insurance?
Things You Should Know
Check your AppleCare+ and warranty status in "Settings" → "General" → "AppleCare & Warranty". You can also visit https://checkcoverage.apple.com or https://mysupport.apple.com in a web browser. AppleCare coverage may end if you opt out of automatic renewals.
How long is AppleCare insurance?
What AppleCare+ Costs. You can buy AppleCare+ at any point during the first 60 days of owning a new iPhone. The basic plan, which covers you for two years from the date of purchase, covers unlimited incidents of accidental damage, though you'll pay the associated service fee for each.
What happens if you lose your phone with AppleCare?
Is your iPhone lost or stolen? If it's covered by AppleCare+ with Theft and Loss, you can sign in with your Apple Account and file a claim for an iPhone replacement. Use the Find My app or go to iCloud.com/find to mark your iPhone as lost.
Is AppleCare+ only for 2 years?
AppleCare+ is Apple's extended product warranty you can purchase at an additional cost from Apple or most authorized sellers. AppleCare+ plans last between 2-3 years depending on the product, and they start on the day of product purchase. It overlaps with AppleCare standard coverage for a year.
Does AppleCare have a deductible?
AppleCare builds on this by adding accidental damage repair and remote software support. It functions like car insurance, where you pay for the extended coverage upfront then pay a deductible when needed.