When you reach a certain age, home appliance shopping is something to be excited about. It’s easy to drop a significant chunk of money on that new fridge with french doors, and it’s really rather odd how delighted you can be over a standard household appliance.
As you finalize the purchase and arrange delivery, the store will likely ask if you want to pony up some extra cash for an appliance extended warranty to supplement the manufacturer’s warranty.
But should you spring for the extended warranty or go with a home appliance warranty? And which warranty provider is the best?
If you do your research beforehand (ie, read this article because we did the research for you), you can go to the store armed with an answer.
We found out about the differences between a manufacturer’s warranty, a retailer appliance extended warranty and home appliance warranties. Here’s what we learned.
What Is an Appliance Extended Warranty?
The main differences between a manufacturer’s warranty and a retailer’s extended warranty are who provides the coverage and what the warranties cover.
A manufacturer’s warranty Generally will only cover replacement or repair if the issues exist prior to the purchase. These warranties are also included in the price of the appliance and are usually valid for one year to cover the costs associated with functional parts and labor.
An appliance extended warranty is issued by the store selling the item and offers a wide range of benefits over several years. So, when the original manufacturer’s warranty expires, you have an extended appliance warranty to fall back on.
In addition to 24/7 online support or covering the cost of parts and labor, some appliance extended warranty plans will even reimburse the cost of food spoilage or laundry services if your refrigerator or washing machine goes on the fritz.