When you reach a certain age, home appliance shopping is something to be excited about.
But should you spring for the extended warranty or go with ahome appliance warranty?
And which warranty provider is best?
When Is The Best Time to Buy Appliances?
We investigated the differences between a manufacturers warranty, a retailers appliance extended warranty and home appliance warranties.
Heres what we learned.
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What Is an Appliance Extended Warranty?
An appliance extended warranty is basically long-term insurance for your new appliance.
The extended warranty coverage begins when the initial manufacturers warranty ends.
With most extended terms similar to the initial period, an extended warranty ensures youre covered long-term.
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What Are the Differences Between an Appliance Extended Warranty and a Manufacturers Warranty?
Amanufacturers warrantygenerally will only cover replacement or repair if the issues existed prior to the purchase.
Typically, they stipulate that only a manufacturer-approved service can be used to repair an appliance.
So, when the original manufacturers warranty expires, you have an extended appliance warranty to fall back on.
It could pay to look into other offers to see which is the best option for you.
You also have the option to use companies likeChoice Home Warranty.
With its plans, you get a rapid response time for household repairs.
Service is available 24 hours a day via their app, website, or phone.
When Is The Best Time to Buy Appliances?
Also, you’ve got the option to rest assured youll receive quality service from experienced professionals.
What Is A Home Appliance Warranty?
Think of it like insurance (even though its not).
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Retailer Appliance Protection Plans
Which warranty provider has the best comprehensive appliance coverage?
What Are the Differences Between an Appliance Extended Warranty and a Home Appliance Warranty?
The main difference here is the cost and scope of coverage.
you might expect to pay more for a home appliance warranty because it covers more.
Which warranty provider has the best comprehensive appliance coverage?
Cost depends on item.
Benefits:
Read herefor more details on Best Buys extended warranty.
The extended warranty also provides replacement coverage if you end up with a lemon.
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Appliance extended warranties are built into the purchase price of home appliances for Costco members.
Protection plans can also be added on from Allstate.
3-year: $119.99
Read moreabout Costcos extended warranties.
Weve rounded up a list of some of the best home warranty companies.
Rated in the top five home warranty companies bythisoldhouse.comandconsumer advocate.org,American Home Shieldwas founded way back in 1971.
The company offers customers reliable coverage.
They claim to be the founders of the home warranty industry.
It offers three levels of warranty protection.
Which Major Appliance Warranty Is Right for You?
To decide which warranty provider is the best choice for your major appliances, ask yourself a few questions.
If yes, a home warranty might be right for you.
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She covers lifestyle topics for The Penny Hoarder.
Former staff writer Lisa McGreevey and freelancer Kent McDill contributed.
