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A home warranty is a service contract that pays the cost of repair or replacement of covered items, such as major kitchen appliances, as well as electrical, plumbing, heating and air conditioning ...
Seeing as the purpose of buying an extended warranty is to get an appliance fixed or replaced years in the future, when dollars are worth less due to inflation, you probably wind up losing money ...
However, the words "home warranty" are not always used explicitly to mean a legal warranty is being conveyed. In many cases, at least in the United States, a home warranty is not a warranty at all, but rather a home service contract that covers the repair and/or replacement costs of home appliances , major systems such as heating and cooling ...
1. Electronics. Having a warranty on electronics, such as smartphones, gaming consoles, and laptops, can save you a great deal of money since these devices are prone to malfunctions or accidental ...
An extended warranty, sometimes called a service agreement, a service contract, or a maintenance agreement, is a prolonged warranty offered to consumers in addition to the standard warranty on new items. The extended warranty may be offered by the warranty administrator, the retailer or the manufacturer. Extended warranties cost extra and for a ...
Warranty Direct was founded by father and son, David McClure Fisher and Duncan McClure Fisher, in June 1997, its sole service was vehicle warranties, primarily for second hand cars and private sales, [5] until 1999, when warranties for Household Appliance were launched.
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