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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:
Jul 28, 2022
On coldest night of the year our furnace quit. At 8:40 in the morning Greg arrived and gave us a diagnosis and a recommendation. By 2:30 we had a new furnace and were warm again. Great company. Great customer service. Good reasonable price.
Peter, Pickering
Jul 3, 2022
Twin tech team was very efficient and prompt. They provided a quote within hours of request and got the job done on time. No disruption to home function. We would highly recommend this team. Job well done.
Jul 3, 2022
Our furnace bit the dust, and Twintech came out to troubleshoot and diagnose the problem within a couple of hours. Mitch was super helpful, patient, and answered all of our questions. When we decided to get the furnace replaced, the crew was over first thing the next morning and did a fantastic job. Not only did they complete the job in a few hours, but they cleaned up and respected our house as they went, and answered all of our follow-up questions. I've used Twintech for our HVAC needs in the past and will continue to do so. I'd recommend them to anyone, and it feels good to support a local, family-owned business.
Jul 3, 2022
Dave and the Twintech team were fabulous from day 1 and helped us through the process to identifying a new furnace and AC unit. This was our first time through this process and Dave did a thorough job explaining all the components and was very patience answering all our questions. Dave provided great insights and fair pricing.
The Twintech team did an awesome installation. Very clean and efficient. I would highly recommended their service.
Jul 3, 2022
We had a new Amana furnace installed by Twintech and we were very pleased with the installation. It is nice to have a warm house again.
Jul 3, 2022
Excellent job. Excellent service. Competitive price. Its rare to find a company with the knowledge and professional results we have experienced with Twintech. The clean and neat installation with attention to detail and drop sheers to respect our property is a clear indication of Twintechs high level of integrity. The 1-1/2 gas line upgrade they did for our pool 3 years ago was awesome. Can't say enough. Thank-you Twintech.
Jul 3, 2022
Twitch did a great job with the installation of our new furnace. I really appreciated their honesty and I could trust what they were telling me. Another company tried to suggest significantly more work at a greater cost claiming it was necessary to meet current building code. Twintech is very fair. All staff I meet were friendly, polite and trustworthy. I would recommend Twitch for a furnace.
Jul 3, 2022
This is a professional team that's easy to deal with. I would strongly recommend them
Jul 3, 2022
Very professional firm from start to finish!
They removed the old oil tank and furnace. They installed air conditioning and a new propane furnace.
Professional installation, on time and no mess.
Very pleased with their work and would highly recommend the company. Our house is three stories so they spent the time to do all the calculations to make sure we would have great performance on each floor.
Thank you again!
Jul 3, 2022
Upon a routine yearly maintenance, it was discovered there was a leak in the heat exchanger and a I needed a new furnace. I know nothing about these things and was completely stressed out. The company I had the maintenance plan with quoted me a huge number to rent a furnace, I just wanted to cry. Then I spoke to Dave at Twintech. He was so knowledgeable and calming, provided me a fair quote and within a few days I had an amazing crew show up to my house and install my new energy efficient furnace! I have already recommended these wonderful people at Twintech to a good friend of mine. Thank you Twintech!!
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