Does apple care cover stolen iphones?

Question

Does anyone know if Apple Care covers stolen Iphones?

Answer 1

Not confused but true, there is a difference between warranties and insurance policies, in most cases. After confirming with my agent, my insurance policy on my apple products is no longer available to new clients. My agent stated it was too "liberal" in its coverage and was subject to fraud.
Apple makes great products and the first year coverage is fantastic plus my insurance coverage I'm double covered for 12 months. Anything that renders my apple products useless, including unexplained loss or diminished functionality is covered by my insurance policy(again, they don't offer this level of coverage anymore so I don't want to tease anyone here) I would however recommend looking for similar coverage from other insurance companies.
I also recommend adding AppleCare plus AND standard insurance on you "big apple" stuff.
If you travel a lot, it's a no brainer to ask your insurer about loss, breakage, and theft and deductibles  when out of country. You may be happy with your coverage or opt to add more insurance.
Again my coverage is every bit as good as AppleCare plus and very pleased with it, however case in point, true story, a student traveling with us in London had his usa iphone 4S die on him (1.5 years old with AppleCare plus) and we booked time at a apple store, and he received a new one not a refurb, 20 min in/out, restored it on iCloud and his MacBook. It was handled perfectly by apple. If my iPhone 5 dies next year in London, I will get a new phone with my insurance BUT not instantly in London at an apple store. So mr black is correct.
Short story,  long .....if you travel or subject to theft (student etc) get both, for two years you will be be COVERED to the max and then after that you will be covered.
Tony