All Other Home Appliances Insurance Plans – Cost of an Average Dinner!
If you are concerned about extended warranties and would like to investigate all other home appliances insurance plans, you have come to the right place. Read on to find out more about how you can adequately insure all major appliances, including refrigerators, dishwashers, microwave ovens and stoves.
Many consumers wonder if this type of warranty is worth purchasing. Depending on your appliance, the cost is about the same as an average family dinner out! After all, most manufacturers offer warranties with the product for a limited time. Therefore, the debate about whether to purchase an extended warranty, or look into all other home appliances insurance plans that are available today, is an important one. Here are a few important facts to think about.
Things to Consider with All Other Home Appliances Insurance Plans
Today, we see that there are many appliances that have a very large original ticket price. Many reputable appliance technicians have recommended that consumers should purchase extra years of protection because of these high prices. There are other appliance experts that say a regularly scheduled maintenance program is good enough to keep your major appliances in top notch shape. Therefore, what should you do when you’re looking at all other home appliances insurance plans?
Manufacturers provide a warranty that usually lasts between 3 months and 1 year. After the warranty expires it is up to the homeowner to fix any repairs. Many manufacturers and retailers do offer extended warranties at a specific price. You can also purchase an extended warranty for all of your household appliances from an independent warranty company. An extended warranty can vary in length of contract and price. For example, an extended warranty can add one extra year or up to five years of coverage. The longer period of coverage will usually cost you less money.
High Cost of Parts for Repair
One appliance technician mentioned that years ago, an extended warranty was not a good investment. Today, however, he highly recommends extended warranties because of the high cost of appliances. He also points out that today’s appliances are built a little bit differently than appliances from years ago. For example, you can now purchase a washing machine or refrigerator for over $3000.
Another thing to remember is that the parts for today’s appliances are very expensive because of computer technology. A single part can cost you up to $300. It appears that today’s energy-efficient machines have higher costing parts and they break down easier. Considering this, taking time to research all other home appliances insurance plans is essential.
High Cost of Service Calls
Another qualified appliance retail manager from the United States points out that a service call can cost from $200-$400. Therefore, one service call can often pay for the average price of an extended warranty or all other home appliances insurance plans for one year. He suggests that if an appliance costs more than $600 then you should purchase an extended warranty. Of course, if you are purchasing a $300 clothes dryer and the extended warranty is $200 for an extra year, you may want to forgo it.
There are certain retail outlets that allow pushy salesman to promote extended warranties or all other home appliances insurance plans whether they are needed or not. The reason why salesman are so pushy when it comes to extended warranties is because they will usually receive a 10% commission on the extended warranty. If you pay $200 for an extended warranty then the salesman will receive a bonus commission of $20. They will use a variety of scare tactics to convince you to purchase this warranty. As previously mentioned by one appliance expert, if the appliance costs more than $800 then purchase an extended warranty. If it does not, then do not.
All Other Home Appliances Insurance Plans
Today, there are many online companies that will provide you with a blanket extended warranty coverage for all of the appliances in your home. The cost is so inexpensive, so why would you NOT buy one? To get an idea of how expensive, look at the prices in the links below, which are from the top national companies (and are known for excellent prices and service). The bottom line is, you can take the chance that nothing will happen, or rest assured that if something does go wrong; you’re covered.
With this kind of blanket coverage, you’ll get “unlimited service” calls, parts, and repairs for all of the appliances in your home. To purchase an extended warranty may at times seem like an daunting task but if you do your homework and follow a few simple guidelines below, you will know whether to purchase an extended warranty for all other home appliances or not. Shop Now for the Best Protection Plans found anywhere.