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An extended appliance warranty can provide peace of mind and financial protection for homeowners and businesses alike. It can offer coverage beyond the standard manufacturer's warranty, providing assurance that your appliances will be maintained and repaired or replaced at no additional cost.
The cost of an extended appliance warranty varies widely depending on the type and brand of appliances. On average, a standard appliance warranty can last for 3-5 years, while an extended warranty may last for 10-20 years or more.
Appliance Type | Extended Warranty Cost per Year |
---|---|
Built-in Dishwashers | $50-$200 per year (average) |
Refrigerators and Freezers | $100-$500 per year (average) |
Elmic Air Conditioners | $200-$1,000 per year (average) |
An extended appliance warranty is a personal choice, and it's essential to consider your financial situation and appliance usage before purchasing one. If you're not planning to purchase or repair appliances for the first few years, an extended warranty may not be necessary. However, if you have multiple appliances at home or plan to keep them for an extended period, an extended warranty can provide peace of mind and financial protection.
Before purchasing an extended appliance warranty, research reputable brands and compare prices to ensure you're getting a fair deal. It's also essential to carefully read the terms and conditions of the warranty to understand what is covered and any limitations or exclusions.
https://www.onyamagazine.com/australian-affairs/the-benefits-of-an-extended-appliance-warranty/