Marketplace®
Every story is an economic story

Allstate wants to protect your washing machine, too?

The Insurance giant is betting on the warranty business.

Allstate wants to protect your washing machine, too?
Joe Raedle/Getty Images

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. 

Related Topics

Latest Episodes

View All Shows
  • Marketplace
    9 hours ago
    25:25
  • Marketplace Morning Report
    18 hours ago
    6:17
  • This Is Uncomfortable
    a day ago
    18:30
  • Marketplace Tech
    a day ago
    13:15
  • Million Bazillion
    4 days ago
    27:55
  • Make Me Smart
    4 months ago
    24:33