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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:
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.
Jan 26, 2019
Greg came over at 9:30pm to rescue my daughter and I from a horrible experience with Enercare that evening. He was professional. Kind. And got us what we needed quickly and at an afford price. I would 100% recommend calling on Greg and his team for any of your heating and cooling needs in the future!!
Jan 24, 2019
Installed a great hot water heater when our old one failed. When my furnace died during cold weather they showed up quickly and my house was warm before my wife got home. :)
Jan 14, 2019
I dont usually right reviews but when you receive service like this I felt it was a must. Honest and fair. I Have 4 children and on Xmas eve my furnace stopped working and a gentleman came out and got me up and running so at least we would have heat for the holidays. As promised he would replace my furnace early in the new year. The job was completed on time, great price for quality furnace and extremely clean and professional job. Would have never known anyone was in the house. Not a spec of dust or mess from lugging out an old rusty furnace. If you have any ac or heating concerns twintech is your only option. I was royally impressed with and Im sure you will be too.
Jan 14, 2019
Class Act ! These guys were professional right from the quote stage through to installation. They know their stuff and took their time to help educate me. They take pride in their work and it shows. I would recommend TwinTech Heating and Cooling to anyone. Keep up the great work !!!
Dec 28, 2018
This Company is terrific. No high pressure sales and they deliver exactly what they promise to deliver. The new furnace is great and we now get consistent temperatures throughout the house. The installers were great and very efficient and completed the work on schedule on the promised day. Everyone representing this company was very aware of their presence in our house and worked diligently to keep our home as uninterrupted and as clean as was humanly possible. We did not need to go around the house to clean up after they left, what a nice surprise. We have had follow up by the company to ensure everything is to our satisfaction. How unusual in today's environment. The impression left by Twintech is that they care about us and our home. This is so refreshing in today's high tech world. Out thanks go out to Dave in sales and G, G, and P (the installers).
Dec 21, 2018
They were Timely and professional. They were very Knowledgeable with answering all of my questions.
Dec 23, 2018
The entire process was prompt and professional, from the initial quote to the installation of the new furnace. The team installed the new furnace and removed the old one in approx. 4 hrs. The guys were very knowledgeable and gave me lots of information. I have used Twintech before for a new A/C installation and new I was in good hands.
Dec 9, 2018
The overall experience dealing with this company was great from start to finish when getting a new furnace and ac this year. Everything was clearly explained to us during our consultation with Dave and there were no surprises with added costs. The work was done as expected and their response time to inquiries were very timely generally within a few hours or less. They are all very professional and was a pleasure to do business with them. Highly recommend to anyone looking for honest quality professional service.
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