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Additional Coverage Available

There is a link in several auction i have been looking at that have a Link that says, Additional Coverage Available".  When clicked they reveal an extended warranty 3 to 4 time the value of the item being sold.  Does anyone know what is up with this. It says also that this is being offered through Square Trade and/or Geek Squad.  I have used square trade before and their warranties are reasonablly priced.  Can any one explan why this link is asking for so much money?  It seems like a Ripp Off to me.  Please post back. Screen shots attached.

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