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Understanding the Costs of Extended Warranties: Is It Worth It?

What is an Extended Warranty? An extended warranty, often referred to as a service contract, is an agreement that provides additional coverage beyond the standard warranty period of a product or service. Unlike a standard warranty, which is typically included with the purchase of an item and covers specific defects or malfunctions for a limited […]

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Understanding Extended Warranty Coverage: Is It Worth It?

Introduction to Extended Warranty Coverage Extended warranty coverage, often referred to as service contracts, offers consumers an additional layer of protection beyond the standard manufacturer’s warranty. This coverage typically extends for a specified period after the original warranty expires, addressing repairs or replacements for certain mechanical failures and defects. Unlike a manufacturer’s warranty, which generally

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