“SquareTrade has been a real good program for us,” Messmer said. “We've had 35,000 claims filed so far and only one or two complaints.” Don't let anyone pressure you into buying an extended warranty. You don't have to buy one on the spot.
In theory, extended warranties seem like a good idea, you don't want to get stuck paying a ton of money on a product you already paid for if it breaks. But according to researchers, in almost every case, it's not worth the extra money, especially when buying electronics and appliances.
SquareTrade Protection Plans covers all mechanical/electrical failures that happen during normal use, such as button failure, depleted (non-replaceable) batteries, and non-responsive charging ports or audio jacks. Plans that include accident protection also cover damage from accidents like drop and spills.
Unfortunately, at this time we don't offer renewals or extensions on protection plans.
For only $5 more per month, you can now get that with Applecare. So ultimately, Applecare has an advantage over SquareTrade. The bottom line is price-sensitive customers should go with SquareTrade. If you have a little more room in your budget, get the added security of Applecare plus Theft/Loss Coverage.
Plans for smartphone and iPhone include up to four successful claims over the life of your plan. For other items, you're covered for all repairs or reimbursements up to the purchase price of your item.
While it may sound like a good idea in theory, extended warranties often come with a high price tag and don't necessarily cover everything that could go wrong. Plus, many people who buy extended warranties never use them. In that case, an extended warranty becomes a cost with no financial return.
It really depends on what is covered in the extended warranty. Sometimes, extended warranty do not cover physical damages, hardware degradation, keyboard malfunctions, liquid spill malfunctions and only cater to the scope of soft errors. If this is the case, the extended warranty is not as much worth it.
“The fact is, extended warranties are overpriced. That's the reason people sell them, because they make a bundle on them in commissions,” says a money expert and radio talk show host, Dave Ramsey. “I don't recommend buying extended warranties, ever.
We get you back up and running, fast.
Follow these steps to activate your warranty:
File a claim online at www.squaretrade.com or call Us toll-free at 1-877 WARRANTY (1-877-927-7268) and explain the problem.
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