SquareTrade... is it reliable?

[LuDaCriS66]

Does anyone know much about SquareTrade? It supposedly verifies auction sellers info and such... so it's supposed to help identify trustworthy sellers and such. Anyone know if it's reliable?

 

[imported_Mike]

never heard of it before...

 

[kyutip]

I've used them for auction feedback dispute.
Buyer left wrong feedback for wrong person, SquareTrade resolve it in a less than a week.
I have to pay $20 though, kinda suck but that is the only way to settle dispute on eBay.