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Squaretrade TV Warranty via Costco (<$500) $29.99, ($500-$1K) $59.99, ($1K+) $99.99

nathanielm 173 260 November 21, 2012 at 09:17 AM in Brick & Mortar (B&M) (2) More Squaretrade Deals
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Last Edited by widgit November 30, 2012 at 04:51 AM
This thread originally from Chokaay. I tried to bump and could not since it was so old. Give reps to him if you rep.


NOTE: YOU DO NOT HAVE TO BUY YOUR TV FROM COSTCO TO GET THIS WARRANTY! NOR DO YOU HAVE TO BE A COSTCO MEMBER.

BETTER SquareTrade TV Warranty: (<$500) $29.99, ($500-$1K) $59.99, ($1K+) $99.99 @ Costco.com & B&M
Since the 35% SquareTrade coupon thread is generating so much excitement, and I noticed many people begging for coupons in that thread are looking to warranty TV's, I thought I'd post my own thread to help SDers get a BETTER SquareTrade TV Warranty for CHEAPER (even after the 35% coupon)!


Depending on the price of the TV, it MAY be a better deal to buy your SquareTrade TV Warranty from COSTCO or COSTCO.COM (instead of Squaretrade.com directly):

TV's under $500: $29.99
TV's $500 - $1,000: $59.99
TV's over $1,000: $99.99

For those prices you get 3 years AND your SquareTrade warranty DOESN'T begin until AFTER your manufacturer's warranty runs out as opposed to running parallel like when you purchase on SquareTrade.com. Thus, your TV will have 1 yr manufacturer's warranty (typically) + 3 years SquareTrade warranty = 4 years warranty.

If you buy your TV from Costco, you get 1 year from Costco free AND your SquareTrade warranty DOESN'T begin until AFTER that coverage ends. Thus, your TV will have 1 yr manufacturer's warranty (typically) + 1 year Costco extended warranty + 3 years SquareTrade warranty = 5 years warranty.

In comparison, buying TV warranties directly from SquareTrade will give you less years (only 3 years total since warranties run parallel to manufacturer's warranty), and typically are more expensive (especially if your TV is $1,000 or more).


3 Years (For TVs Under $500)

3 Years (For TVs: $500 to $1,000)

3 Years (For TVs Over $1,000)


Copied from original thread by Chokaay.
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Last Edited by Bankrupt December 4, 2012 at 10:06 AM

113 Comments

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#31
Quote from magic13 View Post :
If you purchased the TV at Costco you would get the Costco double warranty. If you did not purchase the TV at Costco you can still purchase the SquareTrade warranty through Costco but will not get any of the Costco warranty benefits.

I assumed you were comparing the 4 year direct from SquareTrade plan to the Costco 3 year plan as the costs, after 40% SquareTrade coupon, would be equal.
Ah, I see what you're saying now.

So a SQ warranty purchased from Costco for a non Costco television breaks down to:

1. Manufacturer (SQ)
2. SQ
3. SQ
4. AMEX
This is $59

Whereas if I buy one directly from SQ, it breaks down the same way at the same price.

Darn, fell into the wrong price bucket.
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#32
Quote from rebelx View Post :
Ah, I see what you're saying now.

So a SQ warranty purchased from Costco for a non Costco television breaks down to:

1. Manufacturer (SQ)
2. SQ
3. SQ
4. AMEX
This is $59

Whereas if I buy one directly from SQ, it breaks down the same way at the same price.

Darn, fell into the wrong price bucket.
Not quite. The SquareTrade warranty from Costco is slightly different then if purchased directly from SqTr in that it starts after the manufacturers warranty ends so,

1. Manufacturer
2. SQ
3. SQ
4. SQ
5. AMEX

This is $60 through Costco. Note on the Costco warranty: US. Service Plan must be bought within 60 days of purchasing the TV.

Same coverage as the 4 yr SQ direct plan would get you.
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#33
Quote from magic13 View Post :
Not quite. The SquareTrade warranty from Costco is slightly different then if purchased directly from SqTr in that it starts after the manufacturers warranty ends so,

1. Manufacturer
2. SQ
3. SQ
4. SQ
5. AMEX

This is $60 through Costco

Same coverage as the 4 yr SQ direct plan would get you.
Are you sure? That's a free year otherwise. BRB, looking for fine print!

EDIT: Well I'll be damned. You're right [costco.com].
EDIT 2: Look at Clause 11. Notice the "No Lemon Policy," which is NOT how it works if you buy from SQ directly. I had an identical lemon issue for a PS3 and they only paid for repairs up to the cost of the item and I was left with about $12 on my fourth claim and had to pay out of pocket for the rest because my funds were exhausted.
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Last edited by rebelx November 29, 2012 at 08:44 AM
#34
Quote from rebelx View Post :
Are you sure? That's a free year otherwise. BRB, looking for fine print!

EDIT: Well I'll be damned. You're right [costco.com].

Yes. The 3 year plan at Costco is equal to the 4 year plan at SQ in terms of coverage.

If you can get 40% off the SQ price than both plans will cover the same time for the same price $60

EDIT: I can even find the Terms and Conditions on SQ direct. No Lemon Policy is a def plus

EDIT2: Another bonus of the Costco plan is the coverage range is wider. The $500 to $1000 tv policy should get you $1000 coverage limit. If you purchase through SQ your range is $500 - $699 so you only get a $699 coverage limit.
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Last edited by magic13 November 29, 2012 at 08:56 AM
#35
Just another update. I registered my TV's and all show 5 years of coverage through squaretrade so through costco you do get the 2 year manufacturers.

The over $1000 plan gives a coverage limit of $3,999.99

So to Update your plan timeline Rebelx through costco it would be

1. Costco/Manufacturer/SQ
2. Costco/Manufacturer/SQ
3. SQ
4. SQ
5. SQ
6. AMEX
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Last edited by magic13 November 29, 2012 at 11:41 AM
#36
Does this work for laptops bought outside Costco?
Thanks
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#37
Quote from stpetedan View Post :
Does this work for laptops bought outside Costco?
Thanks
It does not look like laptops bought outside of Costco can be covered although the laptop plan from costco is not as good as the TV plan.

Computer
"This service plan is exclusive to Costco Members. You must purchase the new computer from a Costco Warehouse or from www.costco.com. Other terms and conditions apply.* Touch screen tablets are not included in this Service Plan."
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#38
Repped with thanks

Quote from magic13 View Post :
It does not look like laptops bought outside of Costco can be covered although the laptop plan from costco is not as good as the TV plan.

Computer
"This service plan is exclusive to Costco Members. You must purchase the new computer from a Costco Warehouse or from www.costco.com. Other terms and conditions apply.* Touch screen tablets are not included in this Service Plan."
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#39
Quote from magic13 View Post :
You will get no Costco Warranty for a non-Costco TV.
Is this stated anywhere in the fine print? Because all I see when you click on the warranty, is a diagram stating Costco extends the mfr warranty 1 year, and then fine print underneath stating that you can also purchase SQ warranty for non-Costco purchases, but doesn't specify for non-Costco that you'd only get 4 years instead of 5.
Quote from rebelx View Post :
For my television purchase, (599-699 range), a SQ warranty + 40% off coupon yields the same price as Costco BUT the years differ (slightly).

AMEX will add on a year to the manufacturer's warranty at the conclusion of both the manufacturer and third party warranties, which means, I'll get 5 years with SQ's 4 year plan..
Yeah, in that SQ price bracket, a 4 year SQ with 40% off would be the same as the Costco 3 year middle bracket, assuming you don't get the 2nd year of Costco coverage. But if you get the full 5 from Costco, with AMEX you'd have 6 years total for $59.99? That's pretty nice.
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#40
Quote from magic13 View Post :
Just another update. I registered my TV's and all show 5 years of coverage through squaretrade so through costco you do get the 2 year manufacturers.

The over $1000 plan gives a coverage limit of $3,999.99

So to Update your plan timeline Rebelx through costco it would be

1. Costco/Manufacturer/SQ
2. Costco/Manufacturer/SQ
3. SQ
4. SQ
5. SQ
6. AMEX
I missed this post somehow, lol. So you got the full 5 for a non-costco tv? I was curious about the over $1000 too, so it goes even higher than SQ's highest bracket. Six years is awesome. For a $550 tv at Sears the protection plan was like somewhere around $250 for 3 years. Ugly.
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#41
Quote from magic13 View Post :
Just another update. I registered my TV's and all show 5 years of coverage through squaretrade so through costco you do get the 2 year manufacturers.

The over $1000 plan gives a coverage limit of $3,999.99

So to Update your plan timeline Rebelx through costco it would be

1. Costco/Manufacturer/SQ
2. Costco/Manufacturer/SQ
3. SQ
4. SQ
5. SQ
6. AMEX
When i look at the Terms and Conditions, it says in the header that the coverage starts after the manufacturer or costco concierge. What if my manufacturers warranty is shoddy or they lack customer service? Will Costco follow suit for the extended year the same way? What happens if my tv is not in working state before square trade warranty starts? Will square trade take care of it when i hit the third year?

Sorry for throwing so many questions but i bought a Haier 32" LED TV on Amazon lightning deal and i am not too sure how well the manufacturer will be in terms of warranty.

The other option i have is to buy 3 year square trade from Amazon right away for $29.98 but i will miss out on the first 2 years and the 6th year covered by American Express.

Thanks!
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Last edited by hkap November 29, 2012 at 04:36 PM
#42
Quote from magic13 View Post :
Just another update. I registered my TV's and all show 5 years of coverage through squaretrade so through costco you do get the 2 year manufacturers.

The over $1000 plan gives a coverage limit of $3,999.99

So to Update your plan timeline Rebelx through costco it would be

1. Costco/Manufacturer/SQ
2. Costco/Manufacturer/SQ
3. SQ
4. SQ
5. SQ
6. AMEX
Oh, interesting! Although, I do know for a fact that AMEX won't carry a warranty for a 6th year. They only cover up to 5 with either a separate third party, or manufacturer, warranty.
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#43
Quote from MarkD77 View Post :
Yeah, in that SQ price bracket, a 4 year SQ with 40% off would be the same as the Costco 3 year middle bracket, assuming you don't get the 2nd year of Costco coverage. But if you get the full 5 from Costco, with AMEX you'd have 6 years total for $59.99? That's pretty nice.
Not really the same. SQ will only give you a $699.99 coverage limit while costco will give you a $1000 coverage limit

Quote from MarkD77 View Post :
I missed this post somehow, lol. So you got the full 5 for a non-costco tv? I was curious about the over $1000 too, so it goes even higher than SQ's highest bracket. Six years is awesome. For a $550 tv at Sears the protection plan was like somewhere around $250 for 3 years. Ugly.
It appears that you get 5 years of SQ coverage through the costco deal.

Over $1000 costco selection will give you a $3,999.99 coverage limit.

A 5 year, $3,999.99 coverage limit plan for $100 is slick
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Last edited by magic13 November 29, 2012 at 08:26 PM
#44
Quote from hkap View Post :
When i look at the Terms and Conditions, it says in the header that the coverage starts after the manufacturer or costco concierge. What if my manufacturers warranty is shoddy or they lack customer service? Will Costco follow suit for the extended year the same way? What happens if my tv is not in working state before square trade warranty starts? Will square trade take care of it when i hit the third year?

Sorry for throwing so many questions but i bought a Haier 32" LED TV on Amazon lightning deal and i am not too sure how well the manufacturer will be in terms of warranty.

The other option i have is to buy 3 year square trade from Amazon right away for $29.98 but i will miss out on the first 2 years and the 6th year covered by American Express.

Thanks!
It looks like SQ gives you a 5 year term warranty.

I would assume that you would file the claim with whoever is the current holder of the warrenty when it breaks. I have not fully figured out whether SQ is a full five years or whether it really is costco for 2 and SQ for 3.

The costco plan is the way to go. You are essentially pay SQ 29.98 for one year of coverage and perhaps 2 years of slightly better coverage when, for 29.99, you can get 5 years of coverage. Costco is a pretty consumer friendly company so I doubt you would hae any issues with them.

It is very unusual for a credit card company to offer this type of warrenty and might be specific to the type of AMEX card you have. Just because it is an AMEX does not mean you will get the extra year of coverage.
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#45
Quote from magic13 View Post :
Just because it is an AMEX does not mean you will get the extra year of coverage.
Pretty sure all post-paid AMEX cards extend the manufacturer warranty by a maximum of one year.
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