Can you use AppleCare+ for the iPhone if you get water damage?

I've had my iphone4 for about three days and this morning I dropped it in the toilet. I had an otter box on it and I wiped the water off and put it in rice (NOT minute rice) I have the AppleCare+ warranty for a year. Does water damage count? Will I be able to get a new one from them for 50$ because it was an accident and it says no where on the site that water damage doesn't count for AppleCare+. Warranty and AppleCare are different

Thats considered negligence on your part, otherwise anyone that wants a new phone would just put it in water. Its not covered under either warranty or applecare.

By the way, it clearly states this on their site.

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