Extend Us Phone Warranty For Free

Extend, Inc. provides technology solutions. The Company offers product protection platform that allows any merchant to easily offer extended warranties and protection plans. Extend serves customers in the United States.

Product extension is the strategy of placing an established product's brand name on a new product that is in the same category. Small companies can deploy the practice in the same way that large firms have, in order to increase sales of a popular product by offering variations.

Most insurance companies generate revenue in two ways: Charging premiums in exchange for insurance coverage, then reinvesting those premiums into other interest-generating assets. Like all private businesses, insurance companies try to market effectively and minimize administrative costs.

Extend makes money through the service fee it charges with each warranty plan. These plans can be catered towards consumers or merchants and can come in different varieties, such as base plans and ADH plans (Accidental Damage from Handling).

Extend, Inc. provides technology solutions. The Company offers product protection platform that allows any merchant to easily offer extended warranties and protection plans. Extend serves customers in the United States.

About Extend: Extend is the leading provider of modern product protection. The company's API-first solution allows merchants to easily offer protection plans, while delivering an elegant support experience to end customers.

How Do Extended Warranty Companies Make A Profit? Most extended warranty companies make money by charging a monthly premium worth at least two times the amount of likely mechanical problems or repairs. While this might seem unfair to drivers, it comes through careful calculation of the risks of coverage.