Actually has nothing to do with that.
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Here's my 8 Plus with the glass screen protector and the bumpered case that also protects the rear of the phone.
Not what I consider to be "all covered up"... we aren't talking about an Otterbox here.
It's called protecting my $1000 phone. I honestly could give 2 @(*@&s about the next person who buys it... but when it comes to getting more in a resale... that's just a perk that comes from me taking care of my device.
Could I run naked and keep it in pristine condition? Probably. It never goes in a pocket... it's always on my car seat, desk, or coffee table when I'm not holding it.
But... for $25-$30 why not protect it? That's a small price to pay for piece of mind in knowing that if I do drop it (which has happened dozens of times on the concrete floors at work over the last 3 years with this type of case) that it won't be damaged.
Thanks... and have yourself a great day.
P.S.
Never bought Applecare either. Haven't had a reason to.