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Should I Get an Extended Warranty on My AC?
Posted On: July 2, 2024
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
- Peace of Mind: An extended warranty can provide peace of mind by covering unexpected repairs and maintenance costs.
- 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.
- Convenience: With an extended warranty, you may have access to authorized service providers, making the repair process more straightforward.
- 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
- Cost: Extended warranties can be expensive. You'll need to weigh the cost of the warranty against the potential repair costs.
- 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.
- 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.
- Financial Risk: If the company providing the warranty goes out of business, you could lose your coverage.
Factors to Consider
- 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.
- 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.
- 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.
- 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.
- 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:
Apr 10, 2019
Had new furnace installed and ran into some difficulties but the contractor responded in a timely and efficient manner - after further service calls were made, a reasonable resolution was found.
Apr 8, 2019
The work was done quickly efficiently neatly and professionally. Pleased with the service, information, product, and the company.
Apr 1, 2019
Great sales member named Dave came in told us some amazing items and how they would be priced installed an all. We couldnt believe it! The next day the ac was installed, that day one employee named Greg told us that our furnace was working way to hard and was causing us to use way too much gas. So two days later they came in an installed a new furnace!
Apr 1, 2019
Installation was done quickly and professionally. The new furnace is quiet and provides even heat.
Mar 3, 2019
They removed and discarded old furnace. Installed new furnace. Installed air intake pipe, that had never been installed by builder, no charge. Replaced loose hose on floor with hard pipe and rerouted it to drain, no charge. Almost 33% cheaper then quote from Enercare, which was the company we dealt with and had insurance with for 8 years. No yearly fee for cleaning/insurance, saves 300 a year. Courteous, professional, fast, and friendly. My wife and I have been recommending them to everyone we know and meet, and will continue to do so. Thanks for everything, Twintech!!!
Mar 4, 2019
This company was great to deal with. Our furnace went down and they installed a new furnace the next day with a lot of professionalism!
Feb 22, 2019
Finally! An honest company with highly knowledgeable and informative staff. Had a furnace service and found multiply errors in our system from an amateur installer. Very fair price to correct problems and will definitely use again.
Feb 16, 2019
Had to replace the heating & a/c unit in a condo apartment dwelling. this company recommended by the property manager and president of the condo building. found their workmanship and attention to details very good and very thorough. were able to resolve small problems and situations and happy to feel the heat in my unit. it's pricey, but happy was done by a very professional service. thank you.
Feb 13, 2019
Fantastic team. Completed the job as per the specifications and in under 3 hours. Highly recommended Twintech.
Jan 30, 2019
During the summer, I previously hired TwinTech to replace my air conditioner when it failed. They did an excellent job so when I decided to proactively replace the furnace I contacted them. The furnace I had was 22 years old and showed signs of internal leakage. It still worked but rather than wait to have it fail in cold weather, I decided to purchase a higher efficiency model before it failed and take advantage of energy efficiency rebates. TwinTech offered very useful advice on the make and model of furnace to choose including high efficiency and variable speed motor. The price was reasonable, TwinTech arrived at the allotted time, installed the new furnace (including some re-routing of exhaust lines since the existing ones were too close to other vents), removed the old furnace, tested the installation and cleaned everything up. Overall, it was a good experience, they did a great job and the new furnace is working well.
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