For other devices, such as MP3 players and tablets, consider who uses them. It's easy enough for an adult to drop a tablet, but what about your kid? With accidental damage coverage, "if you drop your tablet or accidently damage your device, it's covered," Shay says.
While Nachlis never bought a warranty for his wife's iPod, and his 10-year-old son was on his own if he lost or broke his iTouch, he did buy AppleCare+ for their iPad Mini. He knew that his 7-year-old might drop it and shatter the screen. He's already used the $99 warranty coverage, forking over the $49 deductible to replace the screen. Under the plan, two such incidents are covered.
Also consider the price of the item you're buying. "If the product is below $200, I never buy the warranty on it," says Nachlis. "The warranty might be $8 to $12, but by the time you try to find the paperwork and you have to go through the hassle of trying to return it," it isn't worth it, he says.