accidental coverage

how good is squaretrade tho? i have a iphone 3gs and a macbookpro i just bought from bestbuy i was thinking of dropping the warranty and switching to squaretrade but i was a bit worried tbh

 

Understand this with SquareTrade (I was looking into it myself for a while)

1. Does not cover theft
2. Will only cover up to $399 (16gb) and $499 (32gb)
2a. This means that if you bought your phone for 32gb for $299 and had to get it replaced through squaretrade for accidental damage, they would reimburse you $499. Subtract the $50 deductible, and the $115/2year insurance rate, they are actually paying you $335 through insurance. Combine this with the fact that you have to pay $699 to get a new phone (usually, unless apple/att agrees to make you sign another 2year contract for $499, which is not guaranteed by any means). This means you actually have to pay a total of $365 for a replacement iPhone.
3. I believe it is possible for you to insure the phone for $599/$699 but only if you purchased it for those prices (since they require a proof of purchase)

 

I've personally used SquareTrade twice... Once for normal coverage and once for accidental, and they are great. The reimbursement process was quick and painless. I only get SquareTrade warranties these days.

 

You CANNOT cover it for full value. $399/$499 is max no matter what you paid for it. Considering Apple will charge you only $199 for "broken/drowned"
replacement as long as you are under warranty Squaretrade is a VERY poor value. They USED to cover you for full replacement value but that changed recently.

 

it does allow you to cover 599/699 price points you just pay more, i actually picked up 2yr for my new iphone, i dropped my bestbuy warranty.. its $94.06 for 2yrs they gave me 30% off.

i asked them the other day, they will cover the 599/699 even if you only paid 199/299 you have to ask for the full retail plan

 

well

I have one very good experience with squaretrade they replaced a cheap china jphone for me before I got the real deal. It was still under manufactures warranty but I couldn't get a hold of the company Squaretrade replaced the value of the phone even though they didn't have too. but the 599/699 coverage still concerns unless I have it in writing.