All-In-One Extended Service Plan – GreenUmbrella.com has announced launch of a direct-to-consumer, all-in-one extended service plan protecting an unlimited number of most home electronics, computers and appliances for one low monthly fee of $9.95. The idea is to avoid expensive individual extended service plans for products costing under $5,000. The Warranty Group and Experian back the new service. It offers qualities which were found in extensive consumer research and feedback to be most important. Customers can register multiple products at any time following signup at no additional cost and with no deductibles or fees for in[home repair or replacement service. Those seeking to place a claim will have the support of a U.S.-based network of over 25,000 repair service providers.
However, there are some gotchas to be considered: No matter how many electronic items you have covered, you are allowed only two claims in a year. GreenUmbrella says this rule strikes a balance between providing coverage to subscribers and protection for the company. If you happen to end up with two faulty products back to back, you’ll have to wait a year to make a claim. The policies also don’t cover accidental damage or natural disasters, and they don’t cover two specific types of products: cell phones and exercise equipment.
Survey Shows Lukewarm Blu-ray Sales – ABI analysts found in a survey of over 1000 consumers that over half had no plans to purchase a Blu-ray player and 23% said they were like to buy, but not until next year. The high prices of most players constituted a major barrier, plus the need to purchase a new HDTV. An observer said that DVDs took off because consumers saw their dramatic improvement and accessibility over VHS tape, and they didn’t require the purchase of a new TV. However, the popularity of the Playstation 3 has insured an ongoing market for Blu-ray discs – many people with no interest whatever in video gaming are purchasing PS3 consoles, and their increased sales should drive down many Blu-ray prices.