It is no secret that extended warranties can be very expensive. So, how do you find a good one? How do you tell if the company you are considering offers a quality product and a fair warranty? Luckily, there are a few tips that can help you make the right decision.
There are dozens of extended warranty providers out there today. Unfortunately, many of them are not all that honest. There are even companies that take advantage of buyers by advertising an extended warranty with ridiculously low rates. Don’t fall victim to these scams. Use the guidelines outlined below to help you avoid unscrupulous companies.
The first thing you need to do before shopping for any kind of insurance is to become educated about companies. The Internet is a great place to start. Spend some time researching companies online. Look for independent review sites and forums to read what others have to say about a given company. Watch out for glowing reviews on eBay as well. Reviews from “real” people are often the most truthful.
Next, check out the Better Business Bureau. Here you can find out about a company’s track record. If a company has a lot of complaints and has been sued a lot, it’s probably not the best one to trust. There are companies with excellent reputations out there. For example, when looking for an extended auto warranty, be sure to check out Olive’s extended car warranty solutions Keep in mind that the BBB doesn’t endorse or recommend any one company.
One of the simplest ways to learn about any given warranty provider is to call their customer service line. Call the number and speak to a live agent. Ask questions about the company and the warranty, but don’t sign anything or buy any products until you feel you’ve received satisfactory answers. Many companies will offer a free initial phone consultation.
Of course, if you’re looking for an extended warranty with specific products, such as a roof warranty for your home, you need to go directly to the manufacturer. They usually offer extended warranties for these very specific items only. Other companies sell warranties that cover a wide variety of different things, including cleaning, repair, and other services. If you want to deal with a national, multi-brand company, they might even be able to sell you an individual plan for each of their products.
The most important thing to do when looking for an extended warranty company is to choose one that has a long track record. Just like buying a car, you want to make sure that you’re working with a respected, reliable company. There are many fly-by-night companies that sell poor products, so you need to take care to choose wisely. Also, look for companies that offer a money-back guarantee. If a company can’t provide you with a guarantee after you purchase their warranty, it’s best to move on to another vendor.
When you’re shopping for an extended warranty company, you need to know how much coverage you need. The more coverage, the less you’ll have to fork out on repairs. Some companies will cover only parts, while others will cover them completely. The price will vary accordingly, so shop around to get a good idea of what companies offer the best prices. It’s not difficult to find an affordable, good warranty for your home or car; all you need to do is to conduct some research.
When you decide which company you want to purchase an extended warranty from, be sure to check their customer service history. You should always feel comfortable contacting and speaking to a live person over the phone, even if the website doesn’t seem very busy. Also, if the website you’re using gives you a busy signal, don’t give up hope yet. Call the number anyway, just to make sure that there are no problems.
You may also want to check out the reviews left by previous customers. Find out what they liked and disliked about the company. For example, did they have a bad experience, or are they happy with the work they’re doing? By reading reviews and talking to others, you can learn a lot about how to find a good extended warranty company, and hopefully prevent you from spending money on a company that won’t last long.
Now that you know how to find a good extended warranty company, you need to remember that this process is not an easy one. There are a lot of companies out there that will offer a warranty to their customers. But if you choose the wrong company, you’ll probably end up wasting your money and not getting any benefit from the extended warranty. Choose a reputable company, make sure they’re licensed and insured, and you should be all right.