Warranties can be a waste of money when you have to deal with a hassle to file a claim and weeks of waiting for a repair. There is one company however that is doing it right, and making it as easy to file a claim as it is to buy the warranty in the first place. In my dealings with SquareTrade, they have been awesome and quick. I carry several warranties with SquareTrade, but have only had claims on a cursed iPod and an equally cursed TV. last month I had to send in the iPod which had a broken screen (digitizer had failed). They turned around that repair in a week, and it had been working since. Well, a couple days ago it was broken again - this time the screen was cracked (I'm not going to point fingers, but I will just say that I take better care of my expensive electronics than some people I know ;-). I considered eating the cost and doing the repair myself since it is an older generation iPod and I can get the screen cheap. Really I was embarrassed to ask them to fix it again since it was just fixed last month, but my cheapness won the day. I called SquareTrade (in the middle of the night), and even though I was near the limit of my coverage, they honored my warranty, and the screen will be fixed.
My mission is to lower the collective IQ of teh Internets one post at a time.