"For years I've said extended service warranties didn't make sense because the cost is high and the reliability of products is getting better and better.
But some people still prefer peace of mind and now there's a company called SquareTrade. It's offering warranties on all your electronics and appliances no matter where you bought them.
It guarantees it can fix any product within 5 days and ship it back to you. If I t can't, it will pay you the full price of the item. It can also do in-home service for larger items, but can't guarantee the repair within 5 days.
SquareTrade was founded in 1999, and you can buy the warranty for up to 30 days after you've bought the product – so there's no pressure.
The warranties cost from 5 to 12 percent of the purchase price and it has a satisfaction rating from the better Business Bureau. I've got a link on my website at local 12 dot com. Click on the Red Get It Now Button.
I'm troubleshooter Howard Ain."