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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 David from Toronto on Twintech Heating and Cooling

I first met Greg and Grant (The Twin Brothers from Twin Tech - yup -it's not just a cool company name) back in 2014 when our furnace broke down and they installed our Carrier Furnace and AC that we purchased through Sears. I liked them instantly when I met them due to their friendly and professional service, and the fact that they didn't mind taking a little extra time to explain things in terms I could understand. Since that time they have reached out to me at least once a year to ensure that everything was running smoothly with my system and to keep me appraised of their evolving services. Due to this high level of proactive customer service I didn't hesitate to call and obtain their help for a Gas Stove removal and installation. When I scheduled the call Greg and Grant let me know that they would arrive the morning of the appliance delivery to disconnect the old gas stove, and then return in the afternoon to connect the new stove. Sure enough, they did just that as promised. Where they exceeded my expectations is with the extra level of support helping to assemble the burners and grills on the stove and in the oven. This may seem like a small thing to some but to my wife who was at home during this entire process it meant a stress free transition to the meal prep for the day. When I called home to ask about the install she commented that, "they left the place cleaner than it was when they arrived and they setup all the grills on top of the stove and in the oven... they didn't have to do all that -Wow!". You know what they say, Happy Wife, Happy Life. So in summary, I am recommending Twintech Heating & Cooling for all of your Furnace, Air Conditioning, and Gas Line needs. I've even called on these guys to help swap out a leaky water valve. They are just so easy to reach and communicate with by phone, and they don't mind a text message to confirm the details. You can rest easy when you have the Twins on your side as an extension of your household maintenance plan.

by Jr in Pickering on Twintech Heating and Cooling

First thing, they actually showed up for a quote. Other big name companies in the area didn't even return my call , job was done as expected and new equipment is quiet and installed very clean and professional. Would highly recommend these guys.

by Melissa P. from Port Hope on Twintech Heating and Cooling

They removed our old furnace and replaced it with a new furnace and AC system.

by Nancy H. from Oshawa on Twintech Heating and Cooling

Work was performed in a clean and timely manner. The furnace and metal work was performed by the Twintech team (did not require separate contractor to do the metal work). Energy audit was arranged and promised rebates were received. The overall price was very competitive. We have recommended Twintech to several of our friends and family. Awesome job.

by Syd from Whitby on Twintech Heating and Cooling

Grant and Greg installed a heating and AC system in our new Linwood post and beam home. Post and beam can be challenging structures for running ductwork and their high ceilings and open concept frequently frustrate efforts at balancing air flow and controlling temperatures. But these guys did it and did it right the first time. Even the building inspector was impressed with what he saw. More importantly, the boys brought a high degree of trust and integrity to the job. Something in short supply these days.

by jenner iksmom from Oshawa on Twintech Heating and Cooling

Very polite and professional. They removed my o
ld furnace and A/C and installed my new ones. They were efficient and thoroughly cleaned up when they were done! I would highly recommend them!

by Rob from Toronto on Twintech Heating and Cooling

Pro from start to finish. They were able to fix my gas fireplace at very little cost as well.

by murray mcmichael from Ajax on Twintech Heating and Cooling

Excellent installation very knowledgeable gentlemen! Would highly recommend them to all my friends for any hvac work !

by Private User from Private User on Twintech Heating and Cooling

I have used Twintech many times over the years. They always arrive quickly and get the issue fixed. The most recent incident was when my air conditioner broke last week I called Greg at 11:30am and he was at my home by 2:30pm he had the unit fixed by 3:30pm. Twintech are very reliable and honest and they are experts in the field. I have already recommended them to many of my friends. I would not use anyone but them for my heating and air conditioning issues.

by Kate A in Pickering on Twintech Heating and Cooling

I would highly recommend these guys, professional, fast and competitive pricing. I moved into this place with no working AC unit with a 8 month baby, he was able to come with in a week to fix even in the busy summer days. He really values his customers , I am already recommending to my neighbors.

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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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