Apple Finally Brings Theft and Loss Protection to Your iPad and Apple Watch

Reviewed by Corey Noles Picture this: you're grabbing coffee when someone snatches your iPad Pro from your table, or your Apple Watch slips off during a morning jog and vanishes into the urban wilderness. Until this week, you'd be out of luck—and several hundred (or thousand) dollars. After covering Apple's insurance evolution for the past five years, we've watched countless readers get burned by this gap in protection. Apple expanded AppleCare+ with Theft and Loss coverage to iPad and Apple Watch starting July 24, 2025, breaking the iPhone's long-standing monopoly on this protection. The new coverage provides up to two incidents of theft or loss in a 12-month period, plus unlimited repairs for accidental damage. Here's what changed: theft and loss protection now covers three device categories instead of just iPhone, and it's available both individually and through Apple's new AppleCare One bundle. Why this expansion took so long (and why it matters now)Let's be honest—it's wild that t