FreeLists / homeclinic / [homeclinic] Re: Monthly posting- Question on extended warranty for appliances

["Dave Harnish" <drs@xxxxxxxxxx>]

Hi Ken, and all HomeClinic'ers!

On the subject of extended warranties for your new appliances, 
I don't have a 'cut and dried' answer for every situation, but as a 
general rule I don't recommend them. I see very few cases where 
they're a good buy for the average household.

Unless you have a large family and are really hard on your 
appliances, *and* have a reliable service company in your area 
that will honor your particular EW, you very likely won't get your 
money's worth from an extended warranty. 

If you are considering extended coverage, here's what I'd 
recommend:

1) Never buy the extended warranty when you buy the appliance. 
Mark your calendar for 11 months or so down the road, and buy 
it then.

The whole first year you own your appliance, you're already 
covered by the manufacturer's warranty. Truth is - and retailers 
don't like this bandied about - 'plunk down your hard-earned 
cash on the day you buy the machine and the retailer has interest-free 
use of it that whole first year. Even though the extended warranty 
doesn't start until the equipment's 366 days old. 

That's the main reason the pressure's really on to sell EW's with 
the appliance purchase (That, and the fact that sellers know most 
of us won't remember to buy it when the original warranty's almost 
up).

2) Read the fine print. Our company used to do work for several 
'third party' warranty contracting firms. Until we filed our claims 
and (then!) read the fine print and realized that very, very little was 
actually covered where 'the rubber met the road'. Manufacturer 
EW's are generally better in this area, but I'd still be very careful 
to review the coverage details before 'biting'.

That's a long answer to a short question, but our short version is 
almost always: 'don't bother'.

Thanks, and God bless,

Dave Harnish
Dave's Repair Service
New Albany, PA
drs@xxxxxxxxxx
570-363-2404

Visit Our Ebay Store Today!
www.stores.ebay.com/DavesRepairService

Nehem 9:6


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