Originally Posted by Yosemite N. P.
As I posted in another thread, the total warranty is for 7 years.
Here is the breakdown of the coverage in order:
Manufacturer = 1st year of coverage.
Store (thru the manufacturer) = 2nd year of coverage.
Private insurer = 3rd, 4th, and 5th years of coverage.
Bank card = 6th and 7th years of coverage.
The store employee said that of the three insurers, the best coverage is from the bank.
He called the bank's coverage great.
The store employee said that the $100 coverage price is for TVs $1000 and up. I asked how far up, and he said there was no limit.
$100 for 7 years of coverage on your set is the minimum that you would pay for a decent bottle of wine.
It's a must have, IMO.
I just got off the phone with Costco Concierge and you are correct in the order of who covers you and when (year 1 Manu., year 2 Costco card, year 3-5 is Square trade, and years 6-7 Citi Bank).
So all TV's purchased at Costco come with a 2 year warranty and only Vizio covers both years. And if you do not purchase a square trade policy but you do use your Costco Citi Bank credit card you will have 2 years added for a total of 4 years.
I was also informed by the agent that anytime you have any issues with your TV purchased from Costco you should call Costco Concierge at 866-861-0450 and they will handle everything.
Interesting point was that it is considered a singular policy weather it be 2, 4, or 7 years in that they all cover the same issues through Costco Concierge. And I was told specifically that if it is offered on the square trade it is offered with all of them as they all mirror each other. And finally for me that power surges were included with all of the plans through Costco Concierge.
If all this is true, than it is a no brainer for sure. Great protection. The only thing that I know is not covered is OLED burn in, but again it was explained to me by LG that you do get a one time panel replacement with all expenses covered.