I bought a Samsung S3 at Sams and got the Squaretrade $99 warranty.
One thing that made me get it there was the feature where Squaretrade will buy your phone for 50% of its original list price ($698) at 12 months, and 20% at two years. It has to be in very good condition.
The next day we looked at Costco and the SqTr plan there did not have that feature, and it was $30 more for the Costco renewal on Sprint than at Sams.
So as I see it, you could do an early termination and sell the phone for the penalty...or go to two years and pretty much pay for the next phone.
One thing that made me get it there was the feature where Squaretrade will buy your phone for 50% of its original list price ($698) at 12 months, and 20% at two years. It has to be in very good condition.
The next day we looked at Costco and the SqTr plan there did not have that feature, and it was $30 more for the Costco renewal on Sprint than at Sams.
So as I see it, you could do an early termination and sell the phone for the penalty...or go to two years and pretty much pay for the next phone.