[Nicole]

After trying to get by with the cheapest oldest iPhone for a while (and just getting frusterated w slowness,etc) I paid 1K for the new iPhone just over a year ago. (and i have a month to month contract w att). Now the apple care the phone has come with  has run out. I am now paying $10/mo for apple care (which covers everything except it being lost or stolen). Wondering if anyone has done the cost/benefit analysis of applecare. Maybe there is a cheaper way to get decent phones if mine breaks and I don’t need the coverage?

I also pay $4/mo for my iPad and my husband pays somewhere between $10-$20/mo for apple care for his laptop.

I am tied to apple BC I am in the design industry, FYI.

Thanks!

[Krisa]

I usually pay $200 upfront for 2 years coverage. Then I decide the value of the phone replacement after that. Phones are getting more expensive, so I’d keep the insurance if you’re accident prone or live a lifestyle where it’s likely to become damaged.

I panned to keep the phone for 5 years, so I take all costs into consideration over that projected time period.

[Jeff]

You need $13634 in assets to cover that $34 monthly payment.

Unless you expect to replace a lot of iPhones I’d drop it all and self insure or use a credit card.

[Tony]

As others have said, paying your bill on a credit card that provides the insurance will give you coverage. Paying out of pocket is a hard pass for me; in 23 years of cell phone ownership I can’t think of a single time I would have filed a claim.

Most phones depreciate so fast it’s not even worth it once the included year of apple care runs out.

[Kelly]

We have it on my daughters iPad and she shatters screens like it’s her job- down to the hardware. For $50 they replace the whole iPad.

[Rachel]

Have you ever actually had to use the Apple Care?

If so, do the math of cost vs. how much the repair/replacement would have cost OOP. If you’ve only used it once or twice (or not at all), I’d probably ditch it.

[Jenny]

If you’re accident prone it might be worth it, but I’m pretty sure companies like apple are making $$$ off all the people paying for apple care who never use it.

I’ve only damaged one phone in my life so if I was paying for apple care it’s just throwing money away/unnecessarily increasing the cost of my phone.

[Rosemarie]

Why? We use a credit card to pay the monthly bill that offers free cell phone insurance for loss or damage.

We use Chase Ink but there are several card choices.

[Author]

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