Apple care vs AT&T insurance?

[persa]

H and I are both getting new phones with AT&T next plan and I want to get insurance on them. If they break, we'd be on the hook for the cost of a new phone plus whatever is left on our installment plan.

AT&T's insurance is 6.99 per phone per month but has a $200 deductible for damage that goes down by $50 every 6 months.

Apple care is $99 for 2 yrs of coverage and $79 for 2 events of accidental damage plus

Apple care is the better deal, right?

[persa]

Cool, thanks