An appliance extended warranty is a protection plan for your home appliances. It supplements the manufacturer’s warranty, and its terms can vary. Often, they include a flat up-front cost and provide coverage for a certain number of years. But is an appliance extended warranty worth it? Let’s find out!
It’s A Peace Of Mind
While the price of an Appliance Extended Warranty may seem like a big investment, the peace of mind it offers is worth the expense. Knowing that your appliances are protected against costly breakdowns gives you the freedom to use them as often as you want without worrying about the potential for future damage or repair costs. Appliance extended warranties are available from many retailers and companies that specialize in home appliance insurance. You can find a plan to fit your needs by requesting quotes and comparing pricing, coverage options, and deductible options. Also, be sure to read the contract terms and conditions carefully.
A good extended warranty provider will arrange a service technician to visit your home and fix the issue. This eliminates the need for you to locate a reliable repair service and ensures that your appliance is repaired quickly and correctly. Some providers even offer a guaranteed service timeline for all repair and replacement claims.
Unlike gambling, where you’re betting and hoping that the house wins, extended appliance warranties are money-making products for businesses. They are designed to reduce costs and increase profit, which is why they have deductibles, which you’ll have to pay when something breaks down. It’s also important to read the fine print, as many warranties stipulate certain maintenance requirements that could void your coverage. For example, some require that you use their network of providers for repairs. Others require that you replace the appliance before cancelling the warranty.
You can find affordable plans that cover appliances from a range of companies. For example, AHS offers a plan for each appliance or system and a combo policy that covers 23 appliances and systems for around $70 a month. Choice Home Warranty has a great appliance plan and offers incentives at sign-up, such as $200 off and two months free of charge. They also offer a 30-day money-back guarantee, so you can test the product out and see whether it’s worth it for your family.
Most home appliance insurance come with a limited manufacturer warranty that protects them from costly repair costs for a limited amount of time. If you want your appliances to last longer, an appliance extended warranty service like OneDios can help. With a flat up-front cost, extended warranties provide peace of mind and protection against unexpected repair expenses. They can also save you from hefty replacement costs, especially when an expensive model breaks down after the manufacturer’s limited warranty has expired.
In addition to extending the length of an existing warranty, these plans also offer services like 24/7 phone and online support, power surge protection, payback rewards for not using the coverage and, for refrigerators, even money back if food items are spoiled. But be sure to read the terms and conditions carefully before committing to an extended appliance warranty plan. Some warranties have deductibles, waiting periods and exclusions based on age that can decrease their value.
It’s Easy To Find
There are a few types of home appliance protection plans available to consumers. Some offer different levels of coverage while others have certain terms that can limit the utility of the plan. For example, some warranties exclude routine maintenance and require that repairs or replacements be performed by a specific service provider.
Choosing an appliance warranty with flexible terms can help ensure that you get the best value from the plan. You should also consider whether the company offers add-on options for a specific item that you wish to protect. For example, some companies offer additional protection for washers and dryers while other companies allow you to add an individual appliance to your existing plan. In addition, some appliance protection plan companies offer multiple extended warranty lengths for your convenience.
Appliance Extended Warranty home appliance insurance pays for repair or replacement costs on major appliances like refrigerators, washers and dryers. These protection plans are typically offered at the time of purchase by retailers and third parties. A benefit of these plans is that they connect you with experienced service technicians. Extended appliance warranties also tend to be less expensive than a bundled home warranty plan.