There are basically two types of warranties out there – a manufacturer’s warranty and an extended warranty. The manufacturer’s warranty usually covers your first 90 days to 1 year of the use of product.  In some cases, usually high-end products, the manufacturer’s warranty will be even longer up to 5 years or more and would be specified in the ad.  An extended warranty continues the coverage after the manufacturer’s warranty expires.

A SquareTrade Warranty extends and enhances the manufacturer’s warranty that comes with your item. It has features that fill in the gaps in new product manufacturer warranty coverage. These features include:

• Length of warranty coverage: Up to 3 years
• Parts and Labor: Yes
• No Deductibles: Yes
• Transferable: Yes
• Renewable: Yes
• In house service for large item like TVs: Yes
• Nationwide service network: Yes
• Covers used item: Yes
• Refundable at any time (pro-rated): Yes

However, a manufacturer's warranty usually comes with a number of restrictions:

• Length of warranty coverage: Usually 1 year, can be up to 5+ years.
• Parts and Labor: Yes
• No Deductibles: Yes
• Transferable: Limited
• Renewable: No
• In house service for large item like TVs: Limited
• Nationwide service network: No
• Covers used item: No
• Refundable at any time (pro-rated): No

Having a SquareTrade warranty as your back up plan is always a wise decision. It costs only a small fraction of the item price and you get up to couple years of extra protection.