SquareTrade insurance: $100 one-time payment or $6 monthly?

[Bloake]

Anyone who have experience with both? What's the pros and cons of each option? Please enlighten. Thank you!!

 

[itsmequinn]

One is $100, the other is $288.

 

[Bloake]

The only issue is that if you submit a claim early on (say 3 months of coverage), you've used up your $100 but if you have monthly payments, you only wasted basically $18. Am I thinking correctly here?

 

[Vertigo50]

Get Applecare for another year on Amazon or Ebay for about $35 and be done with it.

 

[appleguy123]

The only issue is that if you submit a claim early on (say 3 months of coverage), you've used up your $100 but if you have monthly payments, you only wasted basically $18. Am I thinking correctly here?

I think that you can submit more than one claim...

 

[Hellishness]

Get Applecare for another year on Amazon or Ebay for about $35 and be done with it.

Insurance =/= Extended warranty.

 

[snook911]

One is $100, the other is $288.

How did you come up with $288. It's $5.99 a month for 24 months. So that's $100.00 vs $143.76 by my calculation.

Also apple care does not cover accidental damage and squaretrade does.

 

[itsmequinn]

How did you come up with $288. It's $5.99 a month for 24 months. So that's $100.00 vs $143.76 by my calculation.

Also apple care does not cover accidental damage and squaretrade does.

Woops. I multiplied by 48. Point is, you pay some interest.

 

[chopperglide]

Square covers drops and spills...Applecare doesn't...know this from experience...sadly

 

[mo0620]

i'm planning on going through squaretrade since their service is great. also you can usually find some coupons online to get the squaretrade warranty for cheaper.