AppleCare vs. Verizon Insurance in 2024: Which iPhone Plan is Best?

ByCharles Scott Last Update on

If you just purchased a new iPhone from Verizon, you may be wondering whether to get AppleCare+ or Verizon‘s own device protection insurance. I‘ve taken an in-depth look at these two plans to compare coverage, pricing, and overall value in 2024. Here‘s what you need to know to choose the right iPhone insurance for your needs.

At a Glance: AppleCare vs. Verizon Insurance

Before diving into the details, here‘s a quick overview of how AppleCare+ and Verizon insurance compare:

AppleCare+Verizon Device Protection
Monthly Price$7.99$7-$15
Deductible$29 screen/$99 other damage$29 screen/varies
CoverageAccidental damageLoss, theft, damage
RepairsVia AppleVia Asurion

The Cost: How Much is AppleCare vs. Verizon Insurance?

One of the biggest factors in choosing insurance is the monthly or upfront price you‘ll pay. Here‘s how they break down:

  • AppleCare+: $7.99/month paid monthly, or a 1-time fee of $149 for 2 years of coverage. For the latest iPhone 14 Pro, total 2-year cost is $192 with monthly payments or $149 upfront.

  • Verizon Device Protection: $7-$15 per month depending on your device‘s value tier. For an iPhone 14 Pro, you‘ll pay $14/month. Over 2 years, that‘s $336 in payments.

Clearly, AppleCare+ is more affordable, especially if you opt for the upfront payment. You‘ll save $143+ over 2 years compared to Verizon insurance for top-tier iPhones. The savings are even greater for older iPhones placed in lower Verizon tiers.

Coverage: What‘s Included?

While cost is important, you also want adequate protection for your expensive iPhone investment. Here‘s how the plans‘ coverage compares:

  • AppleCare+ includes: extended warranty coverage, accidental damage protection (2 incidents), and 24/7 technical support.

  • Verizon Device Protection includes: extended warranty, loss/theft protection, unlimited cracked screen repairs, tech support.

Key Advantages:

  • AppleCare+ covers accidental damage, while Verizon protects against loss/theft.

  • Verizon offers unlimited cracked screen repairs for one deductible per incident. AppleCare+ limits you to 2 repairs total.

So AppleCare is great if you‘re prone to cracking a screen or damaging your phone accidentally. But Verizon could be worth it if losing your iPhone is a big concern.

Deductibles: What‘s the Repair Cost?

Both plans require a deductible payment per approved repair claim. Here‘s how they compare:

  • AppleCare+: $29 screen repair deductible, $99 for other damage. Deductibles vary for other Apple devices.

  • Verizon: $29 cracked screen deductible for modern iPhones. Other repair deductibles range from $9 to $229 depending on device/damage type.

If you only crack your screen, the deductible is the same $29 for both programs. AppleCare+ sees higher deductibles for more serious damage incidents.

Repairs: How Do You Get Your iPhone Fixed?

AppleCare+ repairs and replacements are handled directly by Apple. This gives you access to repair experts who know Apple devices inside-out.

With Verizon insurance, your claims go through Asurion. While still convenient, some may prefer having Apple handle any iPhone issues.

Which Is Right for You: AppleCare or Verizon Insurance?

Here are a few key factors to consider when choosing between the two plans:

AppleCare+ is a better value if…

  • Your budget is tight – it has significantly lower monthly and upfront costs
  • You want repairs done directly by Apple experts
  • Accidental damage coverage is more valuable than loss/theft protection

Verizon Device Protection may be better if…

  • You really want protection for a lost or stolen iPhone
  • You crack screens frequently and will use unlimited repairs
  • You don‘t plan to ever switch from being a Verizon customer

The Verdict? AppleCare+ Wins for Most iPhone Users

For its affordability and robust coverage directly from Apple, AppleCare+ beats out Verizon insurance for many iPhone owners. Unless you specifically need perks like loss/theft protection, AppleCare+ gives you fantastic protection at lower cost.

Just be sure to factor in your personal needs – budget, lifestyle risks, preferred repair process. But overall, AppleCare+ gives you incredible value insuring your new iPhone. Protect your investment with their dependable coverage.

Charles Scott is a dynamic professional whose academic and career achievements demonstrate a strong commitment to excellence in the retail and consumer service industry. Graduating with an MBA from New York University in 2013, Charles has built a diverse and impressive career portfolio. He has held significant roles as a manager, advisor, and marketer, showcasing his multifaceted skills and deep understanding of the industry.

Beyond his direct professional engagements, Charles has made a notable mark as the head writer and founder of ExpertBeacon.com. This platform stands as a testament to his dedication to consumer empowerment and education. ExpertBeacon.com is a resource designed to assist consumers in addressing their persistent questions about products, services, and companies. Under Charles's leadership, the site provides in-depth, well-researched, and accurate information, all structured in easy-to-follow guides and articles. His work here not only highlights his expertise in the field but also his commitment to providing valuable, actionable information to the public.

Charles's approach is centered on a keen understanding of consumer needs and market dynamics, making him a respected voice in the industry. His contributions through ExpertBeacon.com and his professional roles reflect a blend of strategic thinking, practical knowledge, and a genuine desire to enhance consumer experiences in the retail and consumer service sectors.

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