Is an appliance extended warranty worth it? - ConsumerAffairs

Jun 25, 2024 · An appliance extended warranty is an alternative to paying for a home warranty plan that covers the appliances you’re concerned about. These extended warranties help pay for the repair and ...

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Are Extended Warranties On Appliances Worth It? | U.S. News

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Oct 1, 2024 · The average extended appliance warranty will run between 10% and 20% of the appliance purchase price, with anything less than 15% of the appliance cost considered to be …

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FAQs about Is an appliance extended warranty worth it? - ConsumerAffairs Coupon?

Are appliance extended warranties worth it?

With a comprehensive home warranty, all of your home’s major appliances will be covered by a single policy, regardless of when or by whom they were purchased. However, appliance extended warranties may be worth it in some instances. It depends on the cost and terms of the warranty as well as the product in question. ...

Is an extended warranty worth the cost?

The cost of the extended warranty could be more than the cost of a repair or future replacement. In cases where the appliance’s extended warranty is a small monthly or annual fee, it can be worth the price. Instead of an appliance extended warranty, I recommend exploring home warranty service plans. ...

Where can I get an extended appliance warranty?

Extended appliance warranties are often available through the retailer, the manufacturer and third-party companies, so it is possible to shop around. The cost for extended appliance warranties will vary based on several factors, such as the warranty provider, the type of appliance and the type of coverage. ...

Does extended appliance warranty cover repairs?

Extended appliance warranties cover a broad range of repairs and can even cover replacement if the appliance cannot be salvaged. However, the warranty will not cover repairs if the damage is accidental or due to the user’s error. Compare Quotes From Top-rated Home Warranty Companies ...

What happens if my appliance malfunctions during my extended warranty?

If your appliance malfunctions during the term of your extended warranty, you will be covered for the cost of repair or replacement. There are exclusions to extended appliance warranties, and these usually include accidental damage or misuse of the appliance. ...

How do appliance extended warranties work?

Brian Jones, the vice president of marketing at appliance company ASKO, described how appliance extended warranties generally work. “Typically customers have the opportunity to purchase an extended warranty at the time of purchasing the appliance or within a specified period of time (i.e., 30 days, 60 days, etc.). ...