Have you ever purchased and actually used Squaretrade or another outside party accidental damage warranty for your gear and what was your experience with it? Did it give you peace of mind and even a camera replacement or help you to sell your gear better if you changed your mind or did you find it a waste of money? I am on the fence about a three year Squaretrade on my GR. It is covered under my homeowners insurance on a camera gear rider but only for theft or accidental damage, not manufacturers failures. In other words if the lens stops retracting after the Ricoh warranty, that's not an accident it's a defect and not covered under my ins. policy.