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SquareTrade iPhone warranty covers accidental damage

updated 03:40 pm EDT, Fri June 4, 2010

Two-year coverage available for $99

SquareTrade has introduced a new warranty plan for iPhone owners. The plan protects against normal use failures, along with accidental damage, such as water or impact, that is not covered by the standard AppleCare terms.

The company claims most repairs are completed on the same day the device is received, with free overnight shipping to and from the depot. Rather than providing refurbished devices for replacements, customers will receive cash for iPhones that cannot be repaired.

The SquareTrade plan is currently offered for $99, just $30 above the two-year AppleCare plan. Normal use failures are covered without a deductible, although accidental damage requires the user to pay $50 per claim. Best Buy and AT&T also offer extended warranties with accident coverage, however the plans cost $15 and $14 each month.

iPhone owners must sign up for the SquareTrade plan within 90 days of purchasing the handset. The same fee applies to each type of iPhone. Interestingly enough, the company's website lists options for a 32GB and 64GB "iPhone 4G."

by MacNN Staff



  1. ScottG

    Joined: Dec 1969


    BETTER is Worth Ave Group for LESS

    I dropped mine in NYC, and was stepped on several times before I could pick it up at Train Station. Screen was dead, and so was I for the day. I had a new iPhone 3GS in 2 days, for the $50.00 deductible. Service is Outstanding!!! They even cover Apple iPads too which I have also now.

    I Use Worth Ave Group at WorthAveGroup-Dot-Com for coverage and they deep discount on adding 2 and 3 Years over the standard 1 Year seen below. They even offer Full iPad Coverage too. All include to cover a loss due to accidental damage, theft, fire, flood, power surge, natural disasters, vandalism to the iPhone you own or have leased. I like that they will cover a corporate issued iPhone entrusted to you, even if you travel worldwide.

    3G - 8GB Coverage Amt:$300 $55
    3G - 16GB Coverage Amt:$350 $63
    3GS - 16GB Coverage Amt:$400 $69
    3GS - 32GB Coverage Amt: $500 $79

    Each policy comes has a $50 deductible.

    I used to use Safeware-dot-com, but after being with them for 14 years with a $5000 Coverage Policy on several Laptops that I had through the years at $69.99 a year and Never had a single claim in all my world travels. This year 2010 the yearly went up to $268.00 for the same coverage. Seems that I'm paying for everyone else loosing theirs now, as stated in a recent letter from them.

    I suggest that you get several years of coverage, to lock in the rate now. Worth is WORTH looking into IMHO.

    I'm not an employee or a rep for the Worth Ave Group, I am just a very satisfied customer.


  1. ScottG

    Joined: Dec 1969


    OOPS! Listing on iPhone 4G 64gb $599.00

    I was just looking at the the SquareTrade Insurance coverage, and they are showing

    "Coverage of a Item: iPhone 4G 64gb $599.00"

    I just called them and they said the spec was correct for the release on Monday June 7th in a few days. WOW!!! What a Slip Up on the coverage of a product that doesn't even exist yet - LOL

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