The main benefits of AppleCare+ compared to other extended warranties are:
Accidental Damage Coverage
AppleCare+ covers up to two incidents of accidental damage per 12-month period, subject to a service fee. This includes coverage for things like cracked screens, liquid damage, and other unintentional harm to your device[1][2][3].Unlimited Claims
As of September 2022, AppleCare+ allows unlimited claims for accidental damage during the coverage period, as long as you pay the service fee for each incident[3].Priority Technical Support
AppleCare+ provides 24/7 priority access to Apple technical support via chat or phone. You can get help troubleshooting issues or setting up your device[1][2].Express Replacement Service
If your device needs to be sent in for repair, Apple offers an express replacement service where they send you a replacement device first before receiving your damaged one[2].Longer Coverage Period
AppleCare+ extends the standard 1-year limited warranty to 2-3 years depending on the product. For iPhones, iPads, Apple Watches, and Macs, it provides 2 years of coverage. For Apple TV and HomePod, it's 1 year[1][2][3].Transferability
If you sell your device, the AppleCare+ coverage can be transferred to the new owner, providing them with the remaining coverage period[3].The main drawbacks are the upfront cost of the plan and the service fees for each accidental damage claim, which can add up over time. However, for those prone to damaging their devices, AppleCare+ can provide valuable protection and peace of mind.
Citations:[1] https://www.getmulberry.com/articles/applecare-vs.-applecare-everything-you-need-to-know
[2] https://www.pcmag.com/explainers/is-applecare-plus-worth-it-extended-warranty-explained
[3] https://www.macrumors.com/guide/applecare/
[4] https://securranty.com/blog/Compare-AppleCare-to-3rd-Party-Warranty
[5] https://www.getmulberry.com/articles/is-applecare-worth-it