But Amazon claims coverage for incidental damage from day 1, which would not be covered under manufacturer warranty. I'd look at the fine print for exclusions for incidental damage. They might not cover incidental damage for drones.
How long is the term for that $34 and can it be renewed?
Note that Refresh Plus, besides giving you a single refresh in the 2nd year, extends DJI warranty all the way to when the Plus expires for most components, which makes it about 2 years. Many components only have a 6 month warranty.