“Do you want an extended warranty with that?”
The short answer is no.
It might seem like a good idea when you just blew a stack of cash on a new phone or laptop. Add-on warranty providers know we’re attached to our gadgets. Who am I kidding? Breaking a phone is like losing a dear friend.
But here’s the cold reality: Most extended warranties like AppleCare, or those from Asurion and SquareTrade, for broken, lost or stolen electronics are a bad deal. And in some cases, they’re a downright rip-off.