You likely spent a pretty penny on your appliances. Considering how costly these devices are, why not get the proper warranties to go with them? An extended warranty is an excellent safeguard against things that could happen in the life of your appliance, and you could keep your item under warranty for over 10 years.
So, what does an extended warranty entail? Should you get one? Finally, what are the top benefits of appliance extended warranties for you? Read on to find out more.
What Is It?
An appliance’s extended warranty can protect you if your appliance breaks down. It’s a form of extended protection from your manufacturer that offers you more coverage over a wider range than your manufacturer provides by default.
The average extended warranty price varies widely, averaging anywhere from $20-$500 per year, and these warranties are usually available through the retailer you bought the item from. They cover wear and tear damage to your home’s electric and mechanical components.
Benefits of an Extended Warranty
The first benefit extended warranties bring to the table is that they offer peace of mind. You don’t have to worry about whether you’ll have coverage if the appliance malfunctions or breaks.
Secondly, extended warranties are beneficial if you plan to invest in expensive items. For example, there are many great reasons to get a smart refrigerator, but if this complicated appliance should fail without being under warranty, you’d lose out on a terrific investment.
The third benefit is that extended warranties can protect you from repeated repair bills over time, as they typically cover small repair needs.
Should You Get One?
So, should you purchase an extended warranty? Absolutely. If you want to reap any of the top benefits of extended appliance warranties for your needs, you must take advantage of this warranty type. Manufacturer warranties are effective, but it’s rare to be able to extend them beyond their allotted time. In addition, they may not be able to help with some of the same things extended warranties can cover. Extended warranties can “fill in the gaps,” so to speak. Get your extended warranty today!
FILE #: 325179332 By Gorodenkoff
