SquareTrade, for those unfamiliar with the name, is a major provider of extended warranty on consumer electronics and appliances. Founded in 1999, and acquired by Allstate in 2016, the company now provides extended warranty services to over 70 million customers.
In this SquareTrade review, we will try to assess the services that SquareTrade provides and how those services stack up against the competition.
SquareTrade Home Warranty For Electronics
SquareTrade provides coverage for smartphones, tablets, computers, audio devices, and other home entertainment items such as TVs, video games, and the like.
Because things like phones and tablets are easily damaged, having an extended warranty provides an extra layer of financial protection.
If you don’t have an extended warranty service as the one SquareTrade provides, and your device gets damaged, you could be on the hook for over $600 for a new phone.
With a SquareTrade Warranty, you wouldn’t need to cough up over $600 to get a new phone. All you’ll need to do is file a claim, and SquareTrade will repair your device or work with you to replace it.
What SquareTrade Electronic Device Warranty Covers
SquareTrade Warranty on electronic devices covers the following things:
- Cracked screens
- Water damage
- Battery failure
- Audio failure
- Touch screen failure
- Audio failure
- Charging port failure
- Mechanical & electrical failure
- Won’t turn on
- Power supply burnout
- Remote failure
- Damage from drops
- Hard drive failure
- Speaker/sound damage & more
SquareTrade covers almost every conceivable damage to your electronic devices. The company also has a straightforward and convenient claim filing process, and we are going to discuss in a section below.
SquareTrade Vs. AppleCare Apple Mobile Devices
AppleCare, like SquareTrade, provides coverage for Apple devices. However, there are some differences, and we endeavor to list them below:
Apple Care
- AppleCare only covers Apple devices.
- iPhone coverage begins at $5.99
- AppleCare covers theft & loss.
SquareTrade
- SquareTrade covers many brands.
- iPhone coverage begins at $8.99.
- SquareTrade does not cover loss.
From the comparison above, it might be more beneficial to get AppleCare for your Apple devices than it would be to get SquareTrade. AppleCare is priced more reasonably, and it covers theft and loss, which is likely to happen to your device.
As you may know, SquareTrade does not cover theft and loss. They are an extended warranty company, not an insurance provider.
For other brands, however, SquareTrade will be the obvious choice because Apple does not cover other brands.
SquareTrade Home Warranty For Home Appliances
SquareTrade provides extended warranty for home appliances like dishwashers, refrigerators, washers, dryers, and other appliances.
While most new appliances come with a one year manufacturer’s warranty, that warranty is limited and only covers faults that arise from the manufacturer’s part. We’re talking about things like part failures, mechanical or electrical failure, and the likes.
SquareTrade’s extended warranty, on the other hand, covers damage that may be due to your negligence. For example, SquareTrade extended warranty covers the following scenarios:
- Power Supply Burnout
- Unexpected Leaks
- Won’t Power On
- Mechanical & Electrical Failures
SquareTrade Home Warranty For Furniture
Have you ever mistakenly spilled something on your expensive rug, or accidentally damaged a pricey piece of furniture? Well, SquareTrade Home Warranty has you covered.
SquareTrade provides extended warranty for new items of furniture purchased within the last 30 days to the date you apply to get the plan.
The plan starts from as low as $49 for a three-year coverage and $69 for a five-year coverage, with no deductibles or hidden fees.
SquareTrade Furniture Protection plan boasts fast replacement of damaged items and on-site service. This is good because running after insurance and warranty providers can be a headache.
What SquareTrade Furniture Protection Covers
While SquareTrade Furniture Protection covers most problems you will encounter during the normal use of your furniture — things like accidental damage, or product breakdown– it does not cover intentional damage, theft or loss. Below is a list of all the scenarios SquareTrade Furniture Protection covers:
- Seam separation
- Accidental stain
- Rips, tears, burns, and punctures
- Chips and broken glass
- Mechanical failure
- Broken hinges
- Structural defects
- Separation of Joints and welds
- Loss of silvering to mirrors
How To File A SquareTrade Warranty Claim
Filing a SquareTrade Warranty claim is pretty straightforward. Here’s what you need to do.
Go to https://www.squaretrade.com/claim and then click “file new claim,” as you see below.
Once you click “File New Claim,” you will be prompted to select any one of the participating companies from whom you got your product. After you do that, you will be prompted to enter the e-mail you used for the purchase or the e-mail associated with your SquareTrade account.
As you can see, the process is straightforward. Once you follow all the steps and file your claim, SquareTrade will get back to you to resolve the problem.
Should You Get A SquareTrade Extended Warranty?
Rather than giving you a yes or no answer, I will list the advantages of getting a SquareTrade Extended Warranty. You can then use the information to decide on your own.
Advantages Of A SquareTrade Warranty
- Most manufacturer warranties cover only one year of the product’s life, SquareTrade provides coverage for three to five years.
- SquareTrade Warranty is relatively affordable. It starts at $49.
- SquareTrade provides 24/7 customer service.
- Whereas some insurance and warranty companies have deductibles and hidden fees, SquareTrade does not.
- Moreover, SquareTrade has a simple, streamlined process for filing a claim. You’ll have to jump through hoops with other companies.
Customer Service
SquareTrade’s Customer Service telephone number is 1-888-504-2659.
You can reach them by phone 24 hours around the clock. SquareTrade also has a help section on its website which is situated at sqaretrade.com/help.
For issues relating to partnership and the press, you can contact SquareTrade by e-mail at bizdev@squaretrade.com and press@squaretrade.com, respectively.
Conclusion
SquareTrade is one of the biggest extended warranty providers in the country. They serve over 70 million customers. They provide extended warranty for electronics and electrical appliances. SquareTrade also provides coverage for furniture.
While most manufacturers provide a one-year warranty for their products, SquareTrade provides warranty for up to five years.
Having a warranty on most prized electronics and electrical appliances is essential because these items get damaged easily, and with a warranty in place, you wouldn’t have to foot the repair bills.
SquareTrade is one of the better companies out there because of the coverage period, their affordability, and the quality of service they provide. While they are not the only company that provides this level of service, they are certainly one of the best out there, and I will advise anyone looking for an extended warranty to give them a call.
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