SOURCE: SquareTrade

October 01, 2007 08:00 ET

SquareTrade Announces First and Only Accidental Damage Protection for iPhone

SAN FRANCISCO, CA--(Marketwire - October 1, 2007) - SquareTrade, the largest independent warranty provider in the world today announced the first accidental damage warranty available for Apple's iPhone. Like all SquareTrade warranties, this one guarantees repair or reimbursement within five days. Accidental damage protection includes damage resulting from the phone being dropped, crushed, or cracked.

SquareTrade offers fairly priced, pro-consumer warranties for electronics and appliances. Prices average 40% less than warranties sold by large retailers. SquareTrade offers its warranties online at www.squaretrade.com no matter where you bought your item, as a sensible alternative to the high-pressure warranty sale most consumers experience at check-out.

"Like all cellular phones, iPhones get carried from place to place -- from home to the office, in and out of pockets and purses. It's inevitable that they will be dropped and sometimes break," notes Steve Abernethy, CEO of SquareTrade. "We offer an easy solution at a fair price to protect your purchases."

SquareTrade offers warranties for all Apple Products including optional accidental damage coverage on iPods and iPhones.

About SquareTrade

Founded in 1999, SquareTrade makes warranties that make sense, offering fair prices, no-pressure sales, and no-hassle 5-day service. It offers consumers an alternative to big retailers' overpriced and under-serviced warranties. SquareTrade is the largest independent warranty provider in the world for consumer electronics and appliances and maintains a price point that is 40% less than big retailers. SquareTrade first established a reputation for integrity as an industry leader in online merchant verification and online dispute resolution. The SquareTrade Seal is a widely regarded trust icon to help consumers identify high quality sellers on eBay. Privately held, SquareTrade is headquartered in San Francisco. For more information, go to www.squaretrade.com

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