Hey guys I'm sure some of you already know about the 3rd party warranty company square trade but if you don't I'll tell you a little about them. They cover really any electronic you've bought anywhere (ebay, retail store, etc.) The great part about them is for phones they cover ACCIDENTAL damage. Meaning if you drop the phone, submerge it in water, etc they will either refund you your warrant value (my warranty value is $599) or they will fix the phone. I payed $105 for my warranty and it lasts two years and covers accidental damage. For ($105) you get ($599) in repair or replacement (when they say replacement they send you $599 and than you can go buy the phone again) Anyway I had them for my iPhone and they were great. When it broke they sent me a box the next day and had it repaired in less than a week. Hers a coupon for 20-30% off on the warranty -SPRINGSAVINGS (I used it yesterday) - saved $28 Let me know if your going to buy one. Because I can send you another coupon through their referral program.
Just some things to consider: Squaretrade does NOT cover loss or theft as the Sprint plan does. Also it is only "1 shot" meaning if you have a loss and get another phone you have to buy the insurance again. Sprint coverage is "continuous" as long as you pay the $7/month. For 2 years it's $168 (Sprint) with up to 4 replacements per year covered including theft or loss and about $125 from Squaretrade with coupon but you only get 1 replacement and the insurance ends and there is no loss or theft coverage. So if you're going to waste your money with either of them just be aware of the differences.
but what about a deductible? It's 100 bucks with Sprint. Does Squaretrade charge you? If not, seems you could buy the ST coverage and if you have to buy another phone, add insurance from Sprint then (since a new phone gices you the right to add coverage then). Still, no loss coverage.
If that is true then be very careful about using this insurance. Because they will have to report it to the clearing house. Which means every time you report it, your insurance rates will get jacked up. Your car, home, life, health, and you will even take a ding to your credit history. Not worth it for a phone.
Many credit card companies cover 90 days of theft/damage for free if you use their card to buy it. They also extend the warranty one year. But call them first to make sure it's covered by them. The one problem with Square Trade is that you can only have one reimbursed claim in two years, has a $50 deductible for accidental damage, and does not cover theft.
For me it's been ZERO deductible with Sprint unless LOST or STOLEN (at least I've never been charged a deductible for a replacement unless I'm special and I've never lost one or had it stolen)
