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Should I Get an Extended Warranty on My AC?

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Should I Get an Extended Warranty on My AC?

Posted On: July 2, 2024

Should I Get an Extended Warranty on My AC?

Deciding whether to get an extended warranty for your air conditioner (AC) depends on several factors, including the cost of the warranty, the reliability of the unit, your financial situation, and your willingness to take on potential repair costs in the future. Here are some points to consider:


Pros of an Extended Warranty

  1. Peace of Mind: An extended warranty can provide peace of mind by covering unexpected repairs and maintenance costs.
  2. Protection Against Expensive Repairs: AC repairs can be costly, especially for major components like compressors or evaporator coils. An extended warranty can protect you from these expenses.
  3. Convenience: With an extended warranty, you may have access to authorized service providers, making the repair process more straightforward.
  4. Increased Resale Value: If you plan to sell your home, an extended warranty can be a selling point for potential buyers.

Cons of an Extended Warranty

  1. Cost: Extended warranties can be expensive. You'll need to weigh the cost of the warranty against the potential repair costs.
  2. Coverage Limitations: Not all extended warranties cover every type of repair or part. It's essential to read the fine print to understand what is and isn't covered.
  3. Low Probability of Use: If your AC unit is reliable and unlikely to break down, you may end up paying for a warranty you never use.
  4. Financial Risk: If the company providing the warranty goes out of business, you could lose your coverage.

Factors to Consider

  1. Unit Reliability: Research the reliability of your specific AC model. If it's known for having frequent issues, an extended warranty might be worth it.
  2. Age of the Unit: If your AC is relatively new, the chances of it needing major repairs soon are lower. However, as it ages, the likelihood of needing repairs increases.
  3. Manufacturer's Warranty: Consider the length and coverage of the manufacturer's warranty. An extended warranty may overlap with the manufacturer’s warranty, offering less value in the early years.
  4. Maintenance: Regular maintenance can extend the life of your AC and reduce the likelihood of unexpected breakdowns. If you’re diligent about maintenance, you might feel more comfortable skipping the extended warranty.
  5. Financial Situation: If you have the financial flexibility to handle unexpected repair costs, you might opt to forgo the extended warranty.

Conclusion

An extended warranty can be beneficial if it provides coverage for potential costly repairs and offers you peace of mind. However, if your AC unit is known to be reliable and you’re comfortable with the financial risk of future repairs, you might decide to skip the extended warranty. Carefully review the terms and coverage of the extended warranty, and compare its cost to potential repair expenses to make an informed decision.



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See What Our Customers Are Saying:

by alenahawco from Whitby on Twintech Heating and Cooling

Dave was very pleasant to deal with and Twintech responded quickly when our furnace needed to be replaced ASAP. Installation was done on time and the crew were neat and tidy. We now have a great furnace that suits the needs of our family.

by Isatta From Pickering on Twintech Heating and Cooling

When your furnace kicks in over the holidays and you're not sure where to turn.. I'm so thankful that this company returned my phone call. I appreciated their transparency and clarity which allowed me to make an informed decision. With various quotes thrown at you, it can be difficult to make the right decision and trust the solutions offered by different companies. TwinTech spoke the truth and delivered on their word. Neat, timely and clean service; the peace of mind I needed during a very cold holiday season. I highly recommend them!

by eryna from Oshawa on Twintech Heating and Cooling

Pulling a old unit out and installing a modern heating system! Required drilling holes in the wall for the newer pipes. We went from 70% (I am willing to bet it was far less due to lack of maintenance and just old) to 96% newer . It now feels warmer and more pressure and we use to run extra heaters and feel as though they are not necessary!

by silvercola from Toronto on Twintech Heating and Cooling

I received three quotes before deciding to choose Twintech. Dave's prices was much more reasonable than the competitors. I most appreciated their honest recommendations. Others tried to oversell their products and services. Thank you Dave!

by Shane from Whitby on Twintech Heating and Cooling

They had the best price and did a great job on the installation. Recommend them to anyone.

by gabnai7 on Twintech Heating and Cooling

It was a amazing and professional high quality job
Friendly and very helpful representatives
Thank you for understanding my concern
And explain very well
Overall we pleased with your service
Tanks

by Linda, Toronto on Twintech Heating and Cooling

My 19 year old furnace stopped working when the cold weather hit in November, and I was left without heat. I interviewed several companies and found TWINTECH HEATING and COOLING to be very knowledgeable, quick to respond to my inquiries and very competitively priced.
Dave provided all of the information and pricing ahead of time and set up the appointment for the installation. Greg and Mitch arrived on time to do the installation and worked quickly and efficiently to complete the job.
After the completion of the installation, Dave followed up to ensure that everything was working well and that I didn't have any concerns.
Overall, this was a low-stress and flawless experience from start to finish. I would highly recommend TWINTECH HEATING and COOLING to anyone that requires a new furnace.

by Sean, Whitby on Twintech Heating and Cooling

Our 20 year old furnace broke down during the first cold weekend this past November and our usual HVAC company never returned our phone call. Their loss, missing out on a sale since we didn't want to spend much fixing an old furnace and our 40 year old air conditioner was also long overdue for replacement. We proceeded in obtaining three different quotes for furnace and air conditioner replacement, and proceeded with the one we received from Twintech.


Dave was friendly, knowledgable and accommodating to our schedule and provided with us with a price that fell in the middle of the three quotes that we had. We felt that the Amana furnace and air conditioner he quoted us on were the best products and value offered to us and felt most comfortable with the professionalism and reputation of Twintech.


Greg, Grant and Mitch were at our house for installation the day after we decided to proceed. The guys were friendly and informative, the job was completed efficiently and workmanship appears excellent. Our house is certainly much more comfortable with the new two-stage variable speed Amana furnace compared to the old clunker! And, we're looking forward to enjoying the new air conditioner once summer rolls around again. Thanks Twintech!

by Bill, Oshawa on Twintech Heating and Cooling

We are very happy with our new furnace. The service was excellent the guys worked 6 hours straight through and there was no mess at all they took the old furnace box’s etc with them they then explained everything to us they were very helpful and pleasant , when we need a new air conditioner we know who to call!

by Ken, Bomanville on Twintech Heating and Cooling

The crew from sales to installation was very professional and had great attention to detail

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See What Our Customers Are Saying:

by Robert Rogers on Twintech Heating and Cooling

Very pleased with the professional service that TwinTech Heating and Cooling provided in replacing my furnace. I got several quotes from different service providers. Their price was excellent and they explained the features very well. We are very glad we went with TwinTech and highly recommend their services.

by Robert Mizuno on Twintech Heating and Cooling

We were new homeowners in need of a second opinion. TwinTech Heating & Cooling were Amazing and professional. Very knowledgeable and great service all around. Recommend to anyone looking for honest and reliable services. Treated with respect and care. Thank you Greg, Mitch and Bob!

by Ruth on Twintech Heating and Cooling

TwinTech is an excellent and honest company! I called them for a second opinion after being told by another company that I needed to replace my furnace. Turns out this was not the case at all! I did not need a new furnace. TwinTech did not push to make an unnecessary sale and saved me from a huge expense. Bob and Mitch were extremely professional and above all honest! I definitely recommend TwinTech!

by Anna Chin on Twintech Heating and Cooling

Amazing experience with TwinTech Heating & Cooling! Their team was professional, knowledgeable, and efficient from start to finish. They installed my new furnace quickly and left everything spotless. The technicians took the time to explain everything and made sure I was comfortable with the system before they left. Great customer service and fair pricing. I highly recommend them for anyone needing HVAC services!

by Connor Agnew on Twintech Heating and Cooling

Great experience all around. Bob was sharp and easy to talk to, and Greg handled the installation perfectly. Would hire them again in a heartbeat.

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