P.S. Right from the horses mouth:
[FONT=Arial,Sans-Serif]Dear Josh,[/FONT]
[FONT=Arial,Sans-Serif] [/FONT]
[FONT=Arial,Sans-Serif]Thank you for contacting SquareTrade. [/FONT]
[FONT=Arial,Sans-Serif] [/FONT]
[FONT=Arial,Sans-Serif]Your SquareTrade Care Plan starts out with a maximum coverage amount. In most cases, the maximum coverage amount is equal to the purchase price of your item. If you have an approved claim for repair, the cost of that repair is deducted from the coverage amount.[/FONT]
[FONT=Arial,Sans-Serif]
[/FONT]
[FONT=Arial,Sans-Serif]For example, if your item cost $500, your coverage starts at $500. If we pay $200 to repair the item on your first claim, your remaining coverage would be worth $300, and you'd have this amount to use for a future claim. [/FONT]
[FONT=Arial,Sans-Serif]
[/FONT]
[FONT=Arial,Sans-Serif]You are entitled to additional repairs on future claims if we determine there is enough value left in your warranty to cover the cost of additional repairs; otherwise, we would pay you the remaining value of the warranty to use toward a replacement item.[/FONT]
[FONT=Arial,Sans-Serif]
[/FONT]
[FONT=Arial,Sans-Serif]Once the coverage value is used up, your warranty would be complete and SquareTrade would have no further obligation to assist you with additional repairs.
[/FONT]
[FONT=Arial,Sans-Serif]
[/FONT][FONT=Arial,Sans-Serif] [/FONT]
[FONT=Arial,Sans-Serif]Hope that answers your question! If not [FONT=Arial,Sans-Serif]go here[/FONT][FONT=Arial,Sans-Serif] to view the contract summary. You can also reply to this email or call 1-877-WARRANTY (1-877-927-7268) US & Canada only, 24/7. [/FONT][/FONT]
[FONT=Arial,Sans-Serif]Thank you,
Randy[/FONT]
[FONT=Arial,Sans-Serif]SquareTrade Care Specialist[/FONT]
[FONT=Arial,Sans-Serif]Dear Josh,[/FONT]
[FONT=Arial,Sans-Serif] [/FONT]
[FONT=Arial,Sans-Serif]Thank you for contacting SquareTrade. [/FONT]
[FONT=Arial,Sans-Serif] [/FONT]
[FONT=Arial,Sans-Serif]Your SquareTrade Care Plan starts out with a maximum coverage amount. In most cases, the maximum coverage amount is equal to the purchase price of your item. If you have an approved claim for repair, the cost of that repair is deducted from the coverage amount.[/FONT]
[FONT=Arial,Sans-Serif]
[/FONT]
[FONT=Arial,Sans-Serif]For example, if your item cost $500, your coverage starts at $500. If we pay $200 to repair the item on your first claim, your remaining coverage would be worth $300, and you'd have this amount to use for a future claim. [/FONT]
[FONT=Arial,Sans-Serif]
[/FONT]
[FONT=Arial,Sans-Serif]You are entitled to additional repairs on future claims if we determine there is enough value left in your warranty to cover the cost of additional repairs; otherwise, we would pay you the remaining value of the warranty to use toward a replacement item.[/FONT]
[FONT=Arial,Sans-Serif]
[/FONT]
[FONT=Arial,Sans-Serif]Once the coverage value is used up, your warranty would be complete and SquareTrade would have no further obligation to assist you with additional repairs.
[/FONT]
[FONT=Arial,Sans-Serif]
[/FONT][FONT=Arial,Sans-Serif] [/FONT]
[FONT=Arial,Sans-Serif]Hope that answers your question! If not [FONT=Arial,Sans-Serif]go here[/FONT][FONT=Arial,Sans-Serif] to view the contract summary. You can also reply to this email or call 1-877-WARRANTY (1-877-927-7268) US & Canada only, 24/7. [/FONT][/FONT]
[FONT=Arial,Sans-Serif]Thank you,
Randy[/FONT]
[FONT=Arial,Sans-Serif]SquareTrade Care Specialist[/FONT]