Originally Posted by todd-r

Because it is considered 'secondary' insurance.

If the value is greater than your homeowners deductible you would have to claim through that policy first (and eat the deductible).

You have these coverages with your World Elite MasterCard:


EXTENDED WARRANTY
Doubles the original manufacturer's or store brand warranty for up to one year when you pay with your eligible MasterCard card.

PRICE PROTECTION
Should you find a lower regular price for a new item within 60 days from the date of purchase using your eligible MasterCard card, you may be reimbursed for the price difference.

PURCHASE ASSURANCE
Provides coverage for most items you purchase with your eligible MasterCard card if the item is damaged or stolen within 90 days of the date of purchase.