Apple launched its own iPhone insurance program called AppleCare+ with Theft and Loss in February 2023.

The cost of AppleCare+ with Theft and Loss for iPhone 14 starts at $14.99 per month or $179 per year.

Here is a breakdown of the costs for different iPhone models:

• iPhone 14: $14.99 per month or $179 per year
• iPhone 14 Plus: $14.99 per month or $179 per year
• iPhone 14 Pro: $16.99 per month or $199 per year
• iPhone 14 Pro Max: $18.99 per month or $229 per year

AppleCare+ with Theft and Loss covers accidental damage from drops, spills, and fire, as well as theft and loss.

It also includes unlimited repairs with no service fees, express replacement service, and 24/7 tech support.

Whether AppleCare+ with Theft and Loss is too expensive for you depends on your individual needs and budget.

If you are prone to dropping your phone or damaging it, or if you are concerned about theft or loss, then it may be worth the cost for you.

However, if you are careful with your phone and live in a safe area, then you may not need AppleCare+ with Theft and Loss.