Extended Coverage Plan

Jon Fingas

How My Credit Card Company Helped Save My Broken PS4 When Sony Wouldn’t

It’s been 11 months since Michael’s brother PS4 failed, months he’s spent trying to get Sony to fix what should have been covered by the gaming console’s one-year warranty. But because there was no proof of his efforts to have the PlayStation 4 repaired under warranty, prompting Sony to basically shrug and wipe its hands of the situation, Michael had to take another route to victory. [More]

Sports Authority Is Selling An Extended Warranty For Shoes

Sports Authority Is Selling An Extended Warranty For Shoes

Sports Authority is pushing a new “Extended Coverage Plan” for footwear that runs for one year after Sports Authority’s 30-day warranty expires. The extended warranty, which costs between $4.99 and $15.99, supposedly even covers normal wear and tear. So how is this profitable?