Does Apple Care for Mac cover theft and loss?

Only for iPhone.

AppleCare+ with Theft and Loss includes up to two incidents of accidental damage, theft, or loss coverage, each subject to the deductibles listed below. In addition, you’ll get Express Replacement Service and 24/7 priority access to Apple experts by chat or phone.

Theft and loss coverage requires you to have Find My iPhone enabled on your device at the time it is lost or stolen.

kaylacarese wrote:

I know someone that got there car broken into and their Mac got stolen. they have apple care + for the Mac but does it cover it?

No.