Squaretrade vs. Asurion- Which extended warranty should you get for your devices?

Finding the best extended warranty can be a daunting task if you do not know which one to get for your devices.

Extended warranties work just like insurance- They are basically protection plans for your devices that come in handy when your device is involved in a mishap. So, why exactly would you need an extended warranty? This is mainly because it is way more expensive to repair or even replace your device solely when it is damaged it than it is to solve the problem under an insurance contract. Insurance for your devices can save you a ton of money and give you peace of mind. In this article, we are going to be looking at Squaretrade and Asurion to determine which is the best for you.

What are the differences between Asurion and Squaretrade?

Asurion vs. Squaretrade- How do they compare?

• Devices covered

So, what devices can you insure against damages? you may ask. Asurion provides you with device insurance, warranty and support services for your cell phones, consumer electronics and home appliances like TVs, DVD players, streaming devices, gaming consoles, laptops, music equipment, desktops, and tablets.

Squaretrade provides you with protection for several devices. With Squaretrade, you can insure your Smartphone, laptop, iPad, tablet, home appliances, TV, Desktop, Camera, gaming console, smart watch, music equipment, fitness tracker and furniture. Both Asurion and Squaretrade are similar in terms of devices covered because they offer insurance services for similar products.

• Coverage

If you run into a problem with your device, what exactly will be covered? Asurion will protect your cell phone against cracked screens & physical damage, mechanical failures & manufacturer defects, loss & theft, and finally normal wear and tear. You can also insure your home tech with an unlimited number of claims each month.

Square trade, on the other hand, will protect you against drops & cracked screens, spills & liquid damage, mechanical and electrical failures, speaker or sound failure, screen failure, remote failure, and power supply burnout.Both service providers cover your devices sufficiently, making them similar.

• Cost

Another main factor you must consider before getting into an insurance contract is the cost of the policy. Since Asurion provides cell phone insurance through different carriers (Verizon, AT&T, T-Mobile, and Sprint), the prices may vary depending on which mobile carrier you are using. However, home tech insurance works differently. You are required to make a monthly payment of $24.99 to have all your home devices covered.

Square trade monthly premiums vary depending on how much the device that you are insuring costs. The more expensive it is, the more the amount you pay to insure it. You may also be required to pay some deductibles depending on which Protection Plan you choose. In terms of cost, Asurion is better. This is because it has fixed costs for an unlimited amount of coverage for home tech. Although the cell phone premiums may vary depending on which mobile carrier you use, the costs are fixed for each carrier.

Asurion vs. Squaretrade- A comparison overview.

Asurion

If you are looking to get insurance for your devices, you should consider subscribing to one of Asurion’s policies. You can insure any of your cell phones, consumer electronics and home appliances like TVs, DVD players, streaming devices, gaming consoles, laptops, music equipment, desktops, and tablets. Asurion will protect your cell phone against cracked screens & physical damage, mechanical failures & manufacturer defects, loss & theft, and finally normal wear and tear. You can even insure your home tech with an unlimited number of claims each month if you wish.

So, how much does it cost? If you want to insure your cell phone, the prices will vary depending on the mobile carrier that you are using. This does not apply for home tech. You are required to play a fixed monthly payment of $24.99 for coverage on an unlimited number of home appliances.

Pros

• Low monthly cost.
• Quick replacements.
• Offers extensive coverage.

Cons

• Not available for everyone.
• Replacement is not always identical.

Squaretrade

If you are looking for coverage for your devices, you should consider Square trade’s Protection Plans.It provides you with protection for several devices. You can insure your Smartphone, laptop, iPad, tablet, home appliances, TV, Desktop, Camera, gaming console, smart watch, music equipment, fitness tracker and furniture.

Square trade will protect you against drops & cracked screens, spills & liquid damage, mechanical and electrical failures, speaker or sound failure, screen failure, remote failure, and power supply burnout.

Its monthly premiums vary depending on how much the device you want to insure costs. The more expensive it is, the more the amount you pay. You may also be required to pay some deductibles depending on the Protection Plan you choose.

Pros

• Available for everyone
• Cell Phone plans are transferrable.
• Provides Home services.

Cons

• Can be expensive for some devices.
• Has deductibles.

After reviewing the Asurion and Square trade Protection Plans, we can see that both offer great services. Asurion provides AT&T, T-Mobile, Sprint, and Verizon users with a wide range of protection for their cell phones. It also provides insurance for home tech at a fair price.

Conclusion.

Asurion provides AT&T, T-Mobile, Sprint, and Verizon users with a wide range of protection for their cell phones. It also provides insurance for home tech at a fair price. Square trade, on the other hand, charges you according to the value of what you are insuring. Although both are great, one is better than the other.

Final Verdict: So, which is better? Asurion or Square Trade?

I would highly recommend that you go for Asurion’s protection plans instead of Square Trade’s. This is mostly because Asurion offers their services at fixed rates. Their Home+ Protection plan allows you to insure an unlimited amount of your home appliances for a fair monthly fixed payment. This is of greater advantage than subscribing to square trade because you will have to pay a large sum to insure expensive devices.

FAQs

1. How many files can you claim if you are subscribed to Asurion Home+?

You can file as many times as you need to in a 12-month time frame. There is a maximum annual claim limit amount of $5,000 per household and $2,000 per single claim.

A covered claim will apply to your total claim limit for a maximum of 12 months after the claim has been completed. The amount of the claim will not apply to your overall claim limit 12 months after the completed claim.

2. If you just bought a new device, how long do you have to purchase a Square Trade warranty for it?

You have 30 days to purchase the warranty, starting from the day you purchased the device. The purchase date will be verified when you submit your item receipt when you file a claim.

If the item is to be delivered, then you will have 30 days from the day you received it. You will need a copy of your shipping receipt during the claim filing process.