SquareTrade 3-Year Electronics Accident Protection Plan ($800-900)

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Price: $164.99    

Product Feature

• 3-year coverage from date of purchase: drops, spills, hardware failures
• Fixed or receive full replacement cost in 5 days or less - guaranteed
• Free 2-way shipping for repairs
• 100% parts and labor covered with no deductibles
• Fully transferable with gifts. Cancel anytime, full refund in first 30 days.

Product Description

Accident protection guards you against life's little mishaps, whether you drop your cell phone on the street or splash coffee on your laptop. � Accident protection must also be purchased within 30 days of when you bought your item. Coverage begins on the 31st day after the item's purchase - issues in the first 30 days are not covered. Upon purchase, you will get an email confirmation. � You will not be mailed a paper contract.� If you have questions, please call: 1.877.WARRANTY.

SquareTrade 3-Year Electronics Accident Protection Plan ($800-900) Review

Based on prices, I thought Square trade was an exceptional deal.However,I was on the phone with the Square trade representative, and found out a little known fact through much questioning.It is a consumable warranty.Which means,when you have a warranty repair done through Square trade, they deduct the price of the repair off the price you paid for the warranted item.Once you reach the value of the item you purchased, your warranty expires immediately.This means if you purchased a $200.00 tablet that needed a warranty repair, and it cost Square trade $100.00 to repair it, they will now deduct that off the price you will get in the future under a total loss - they will only pay you $100.00 left over from the value of the tablet.Another scenario,If you had one,two or more warranty repairs anytime during the warranty period that totals the $200.00(the price you paid for the item initially)you are no longer covered for the remaining time of your warranty - your coverage has been consumed/expired, because you reached the value of the item you bought.I was wondering why the prices were so cheap, now I know!

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