Originally Posted by Steve S
Squaretrade's liability is limited to the original price of the set. If you buy a 1000 dollar set, they do one 400 dollar repair, and the set fails again they will only allow 600 for repair/replacement.
Exactly. You can get burned that way, if you have a repair done first for several hundred dollars, because then if you need to get the tv replaced, they will only give you the original cost of your set, minus
what repair work you've already tried. As mentioned, Best Buy also definitely covers permanent burn-in should you be unlucky enough that it happens. For those reasons, I believe Best Buy offers the best warranty, even though it costs more.
On that note, they're quite a bit cheaper than the manufacturer often is for extended coverage. I just received an offer from Samsung to purchase an extended warranty for my D7000 I bought last year - little do they know I just traded it in last month. They wanted to charge me $472.99
for a 3-year plan, or $269.99
for 1 year! And they don't cover burn-in either. Hilarious. Best Buy charges considerably less than that - in fact their 4-year costs less then Samsung's 3-year and they cover burn-in. So Best Buy's plan isn't so bad really. It's like any insurance - it's expensive if you don't need it, but if you do need it, it can save you a ton of grief.
It's kind of sad really - you pay all that money for a nice set, and a year later the manufacturer tries to get another $500 out of you by working on your fear of the unit failing. Their header on the offer reads "Stuff happens - don't let it happen to you". If companies actually stood by their products nowadays, we wouldn't have to worry about stuff happening to us.