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Is a Washer and Dryer Extended Warranty Plan Worth It?
July 11, 2022 *
A broken washing machine costs anywhere from $70-$500 to get repaired. With 78% of Americans working paycheck to paycheck, that’s a huge expense to take on. Luckily, an extended warranty for your washer and dryer will eliminate expensive, unexpected repair bills. In addition, a good warranty will also alleviate the hassle of coordinating with repair technicians. Keep reading to learn about washer and dryer extended warranty plans.
How much does a washer and dryer extended warranty cost?
Prices for extended warranties vary. We outlined costs from three leading warranty providers based on a washer priced at $600 as of 6/01/2022.
| Company | Term | Warranty Price | |
|---|---|---|---|
| Upsie | 5-Year | $129.99 | |
| Competitor #1 | 5-Year | $134.99 | |
| Competitor #2 | 5-Year | $159.99 |
All Upsie appliance warranty plans start immediately and overlap with the manufacturer warranty the first year. Competitor #1 and #2 both overlap with the manufacturer warranty, too.
What is the process for getting my large appliances repaired?
If you purchased a warranty with Upsie, making a claim and getting your appliance repaired is easy. Here are the steps to follow:
- Sign into your Upsie account and locate the plan.
- Fill out an online form or call the 24/7/365 claims line where you will speak to a real person.
- Find out on the first call if your claim is covered. (Unless photo verification is needed.)
- The representatives will help schedule a certified repair technician to come to your house and repair the appliance.
Because Upsie has you upload your appliance receipt when you activate your warranty, you will never have to search through junk drawers and shoe boxes to find it. The representatives will already have it! Additionally, you can make an unlimited number of claims up to the purchase value of your appliance.
What if my appliances cannot be repaired?
If the Upsie repair technician determines that your appliance cannot be repaired, and no claims have been made, they will replace it for free. However, if there has already been a claim made on the appliance, Upsie cannot replace it. Instead, they will cut you a check for the remaining value of your plan. For example, if the original plan covered a washer priced at $600, and the first repair cost $150, you will receive a check for $450. That money is yours to buy a brand new appliance with!
Who has the best washer and dryer insurance plan?
Upsie has the best washer and dryer insurance plan. Firstly, their prices are almost always lower for the same or better extended warranty coverage. Second, they have phenomenal customer service where you will talk to a real person, not a machine. Lastly, there are no hidden fees, ever. Getting an Upsie warranty for your washer and dryer will provide immense peace of mind that they will work properly for years to come.
Can I purchase a warranty for my washer and dryer after they are delivered?
With Upsie, yes you can. In fact, you can purchase your Upsie warranty up to 11 months after purchasing the appliance. Most competitors only allow you to buy coverage 30-60 days after the appliance purchase date. This means that you can get to know your new appliance for a few months and decide later if you want to protect it with warranties.
Updated 7/12/2022
* This article is over 6 months old and may or may not be updated.