Value is +/- depending on how you look at it...& whether the product you are insuring, you paid more towards the lower end of the insurance $ amount range or the higher end. It also does not account for inflation replacement costs for the/comparable item. It also doesn't consider the normal retail average retail price of time either, if you bought it on sale. Bottom line, better than a plan from seller/manufacturer... Flexible with getting your replacement first before sending your broken item & generally no deductible & always pre-paid RMA label. L.D.Holmes