AppleCare+ with Theft and Loss is now the only option for US iPhone buyers, at a higher price.
I always buy AppleCare+ for my iPhones, because I don’t like to use a case. As the famous saying goes:
AppleCare+ is my case.
Not sure who coined that phrase, but it’s true for many people.
I never bought the option for Theft and Loss because I didn’t feel the need for it, but now you have no choice. For reference, AppleCare+ for an iPhone 16 Pro used to be $200 for 2 years, and $250 with Theft and Loss. Now with Theft and Loss included, it costs $140 annually until cancelled, and $270 for 2 years. You also get the monthly option at $14/month.
That is $70 more for me and many others who opt for the 2 year plan. Yikes.
On a side note, look for another increase in Apple Services revenue in Fiscal Q2 2025.