Having a manufacturer’s warranty on a new appliance can give you some peace of mind. These warranties might offer some relief when it comes to paying for repairs. However, it’s important to understand the terms and conditions of your warranty, so you’ll know what’s covered. Keep these facts about manufacturer warranties in mind when purchasing new appliances.
Must Have Proof of Purchase
Most manufacturers require you to show proof of purchase before reimbursing you for the cost of repairs. When you purchase a new appliance, keep the receipt in a safe place, so you can easily access it if needed. Consider attaching your receipt to your warranty right away to keep it from getting lost or accidentally thrown out. This way, you’ll have it handy when you need to provide proof of purchase for appliance repairs.
Some Repairs Are Not Covered
Having a manufacturer warranty doesn’t mean all kinds of repairs are included in your coverage. Knowing what is and isn’t covered ahead of time can help you understand whether or not you’ll be paying out of pocket for repairs.
Which repairs usually aren’t covered? You might have to pay the full cost of repairs for damage resulting from misuse. For example, if you’re using your dryer, stove, or fridge incorrectly, your warranty is unlikely to cover these repair costs. Other kinds of repairs that usually aren’t covered include damage caused by poor or improper installation and cosmetic issues, such as dents or scratches.
Some Parts Have Extended Warranties/Coverage
Manufacturer warranties typically expire after a year, although this can vary. You might not realize that certain parts or components of appliances sometimes come with extended coverage or warranties. For example, circuit boards or motors inside appliances might be covered for up to 10 years instead of just a year. Go over the details of your warranty to see if your appliances have parts with extended warranties or coverage.
Warranties Are Not Transferable
When you sell your home, warranties on the roof or other components sometimes transfer to the new owner. However, this isn’t the way manufacturer warranties work. If you sell your home, the warranties on appliances won’t transfer to the new owner. Likewise, if you purchase a home, the warranty for any appliances that are included won’t transfer to your name. You should expect to pay out of pocket for appliance repairs in this case, unless you’re purchasing new appliances.
Warranty Technicians Work for an Independent Company
While you might assume that warranty technicians work for the manufacturer, this isn’t the case. These technicians work for independent companies, so they’re not responsible for being familiar with the terms and conditions of your warranty. They also can’t authorize any product replacements. Warranty technicians are only responsible for fixing your appliance. If you have any issues or questions about warranty coverage, you’ll need to talk to the manufacturer.
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