There is no better way than to list out all the advantages of buying a SquareTrade warranty. It costs 30-50% less than what retailers charge for an inferior warranty, with a 5-Day Service Guarantee you won't find anywhere else. It protects your electronics to prevent any mechanical and electrical issues that occur through normal use. The basic Care Plan coverage extends an existing manufacturer's warranty to a full 3 years. Used and refurbished items, and new items that do not have a manufacturer's warranty (or where that warranty is voided for some reason) are covered for 1 year. No deductible or hidden charges Nationwide service network Warranty refundable at any time Fully insured by an A-rated insurance carrier