iPhones cost a significant amount and are built to last you a long time. But accidents can happen anytime, which is why it’s wise to invest in a good insurance plan. This can come in handy to cover the expenses of any repairs or replacements if your device gets damaged or malfunctions. But what are the best iPhone insurance options out there, and is it worth it? Let’s find out.
Is iPhone insurance worth buying?
By default, your iPhone comes with a 1-year limited warranty against defects and 90 days of complimentary phone support. This is known as AppleCare, and it is automatically applied when you purchase your device. However, it does not protect against any accidental damage such as a drop that cracks your screen, damage from water, etc. For such comprehensive protection, you can opt for an iPhone insurance plan that gives numerous benefits such as:
- coverage for accidental damage
- affordable screen or device replacement
- protection against loss or theft
- battery servicing
- 24/7 tech support
Best iPhone insurance plans in 2026
1. AppleCare+:
AppleCare extends the standard one-year warranty on your iPhone to two years, along with phone support for the two years rather than the standard 90 days post-purchase support. You can opt into it when purchasing your iPhone or buy it anytime up to 60 days after your purchase.
Then, whenever you face any issue with your phone, you can call 1-800-MY-APPLE and ask for AppleCare, or dial 1-800-APL-CARE.
What’s more? If you break your iPhone or drop it in water, you’ve got some additional options. AppleCare+ gives you the chance to exchange a damaged iPhone for a new one on the spot up to twice. There’s a deductible of $29 per screen or $99 for other damage,
However, AppleCare+ does not protect against theft or loss of your device. For this, you can go for the slightly more expensive AppleCare+ with Theft and Loss insurance.
2. AppleCare+ with Theft and Loss: Best for those prone to losing their phones
This insurance option for iPhone offers the same protection and service fees as AppleCare+ and for a $229 or $269 deductible cost replaces a lost or stolen iPhone up to two times.
Do note that theft and loss coverage requires that Find My iPhone is enabled on your device before it gets lost or stolen.
During the claim, you will have to erase your missing device, disable it, and transfer ownership. Only then will you be issued a new replacement device.
Here’s an overall comparison of Apple Care+ and Apple Care+ with Theft and Loss:
| Device | Apple Care+ | Apple Care+ with loss and theft protection |
| iPhone 12 Pro, 12 Pro Max, 11 Pro, 11 Pro Max, XS, XS Max, and X | $200 or $10 per month | $270 or $13.50 per month. |
| iPhone 12, 12 Mini, 11, XR, and 8 Plus | $150 or $8 per month | $220 or $11.50 per month |
| iPhone 8 | $130 or $6 per month | $200 or $9.50 per month |
| iPhone SE | $80 or $4 per month. | $150 or $8 per month |
You can buy the AppleCare+ plan through Apple’s official website.
3. SquareTrade: Best for those who live far from an Apple store
SquareTrade is a third-party insurance provider for iPhone that offers coverage for drops, spills, and malfunctions.
It does not have any retail outlets you can go to get your phone fixed, but it offers free two-way shipping.
In addition to accident coverage, SquareTrade offers:
- reimbursement for Genius Bar appointments
- next day replacements
- coverage for same-day repairs through local service shops in your area.
There are two plans to choose from:
- Single plan at $8.99 per month. It covers accidents and provides continuous coverage when you upgrade phones.
- Family plan for $19.99 per month. It covers up to 4 devices.
Deductibles: $25 deductible for screen repairs and a $149 deductible on all other claims
4. Carrier insurance: Best for family or multiple device plans
All major carriers such as Verizon, AT&T, and Sprint offer insurance for your iPhone, but it’s usually not worth going for these plans because of high monthly fees and deductibles.
However, in some cases, they can be a viable option, such as, for instance, if you want to get insurance for all the devices in your family or want to protect multiple devices like your iPhone and Apple Watch under a single plan.