I think the Apple Care is cheaper but won't cover lost/stolen.
You're best bet is to jump over to the other website as suggested since few people on here use Apple products.
Or you could ask Verizon what it costs to insure and what it covers and ask Apple the same. I know when I worked for Verizon a few years back a number of customers picked Apple Care over our insurance plan but I don't recall the details of both plans and it's likely they've changed since.