Should You Buy an Extended Warranty for Your Video Game Console?

Update:  Please note that some things have changed with extended warranties since this article was first written. Please read eligibility and coverage terms before purchasing an extended warranty plan for your console. You can read our new article with updated information here.

After you just got done spending $200 or more on a video game console like the Xbox One, PlayStation 4, or Nintendo Switch you probably don’t feel like spending any more money. This is especially true since most people will still need to buy 1 or more additional controllers. Combine this with the fact that you haven’t purchased any games yet and before you know it you’ve invested $400 or more.

At this point you are feeling like your wallet is getting pretty empty, but you would still like to be able to protect this large investment you just made. The sales associate at the store probably talked to you about buying one of the store’s pricey extended warranty plans. But are there any other options?

Actually, there are other options than those the associate gave you in the store. Often these are more affordable than those the associate talked about as well.

There are even plans available that offer different levels of protection depending on how long you want your coverage to last and the amount you paid for your console. Click on the plans below to see the current pricing.

2-Year Protection Plans

3-Year Protection Plans


These plans include:

  • 2 or 3-year coverage from date of purchase: drops, spills, & hardware failures
  • Fixed or receive full replacement cost in 5 days or less – guaranteed
  • Free 2-way shipping for repairs
  • 100% parts and labor covered with no deductibles
  • Fully transferable with gifts. Cancel anytime, full refund in first 30 days.

Plus, the great thing about these plans is that they can help protect your investment regardless of if you have an Xbox One, PlayStation 4, or Nintendo Switch.

With one of these extended warranty plans you can rest easy knowing that you are protected if something happens to your new video game console and you don’t need to spend big bucks to do it.