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Allstate wants to protect your washing machine, too?

Amy Scott Nov 29, 2016
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Joe Raedle/Getty Images

Allstate wants to protect your washing machine, too?

Amy Scott Nov 29, 2016
Joe Raedle/Getty Images
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COPY

Raise your hand if you’ve bought an appliance or smartphone or other device this holiday seasons … and been offered some kind of extended warranty or service plan. Apparently plenty of folks are shelling out for that extra peace of mind. The insurance giant Allstate has announced it’s buying Square Trade, a big provider of those warranties, for the price tag of $1.4 billion. 

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