Do You Need a PS5 Protection Plan?

Considering that a PS5 currently retails for $499.99, it’s definitely a purchase you want to protect. The question is, will a regular manufacturer’s warranty be enough? Or should you get a PS5 protection plan for longer?

To see what console protection is right for you, read on.

It lasts one year from the purchase date, which is par for the course for most manufacturer’s warranties.

In their own words, Sony Interactive Entertainment, “warrants that the PS5 hardware, which includes components contained in the retail box with this hardware, will be free from material defects in material and workmanship.”

In other words, if there’s a major issue right out of the box that results from a defect, Sony will repair or replace your PS5 with a factory-recertified product at no cost to you.

While a manufacturer’s warranty is certainly helpful, it’s not ideal for long-term protection. Here’s why.

First, it only covers the basics and isn’t comprehensive. Issues like accidental drops, spills, and cracks, for example, aren’t covered by a manufacturer’s warranty. That means you’re responsible for the repair or replacement if one of these things happens.

Also, it’s only for one year. While Sony will take care of many problems that occur within the first year of your purchase, you’re basically on your own after that. With PS5s expected to last six to seven years, it puts you in a tough spot if you encounter an issue once the one-year manufacturer’s warranty has expired.

That’s why many consumers choose to get a longer term PS5 protection plan.

It varies by company, but Upsie offers up to four years of coverage on both new and used PS5s. Coverage overlaps with the manufacturer’s warranty as long as it’s active. Once the manufacturer’s warranty ends, full Upsie coverage kicks in. That way your console stays fully protected for up to four years.

For starters, you get everything that’s included in a regular manufacturer’s warranty, such as defects in material and workmanship. While the manufacturer covers up to one year, now this coverage from defects as long as your protection plan. But a protection plan from Upsie is far more exhaustive and also covers:

This makes a PS5 protection plan far more robust than one from a manufacturer for complete peace of mind that your investment is covered.

Pricing also varies, but it’s less expensive than you may think, especially if you choose a third-party provider like Upsie rather than a retailer.

For a $499.99 PS5 console today, you could a monthly protection plan from Upsie for $1.99/month. By comparison, the competition only offers 2 year plans with payment upfront at a cost of $69 from Target and $79.99 from BestBuy. Upsie is cheaper per month and allows for more years of coverage from unfortunate accidents.

When you consider the major investment that goes into this console, the cost of a protection plan is quite reasonable. Also, note that filing a claim with Upsie is simple and straightforward. It can be done 24/7 online or by calling during regular business hours. You will receive fast help to schedule a repair or replacement so you can get back to gaming as quickly as possible.

You can learn more about how Upsie works here.