When to Consider Buying an Extended Warranty for an Appliance

There are multiple things to consider when deciding if you should buy an extended warranty for your appliances. Coverage, cost and service are just a few. But, in reality, everyone can benefit from an appliance warranty in some way. If a $500 out of pocket repair is not reason enough to get a warranty, you may find value in having someone else locate a reputable repair shop and schedule an appointment. Keep reading if you’re interested in learning more about appliance extended warranties.

What appliance should I buy an extended warranty on?

There is value in protecting all of your appliances with warranties. If you had to pick only a few, these are the ones that typically have high repair costs:
  • Refrigerator – Refrigerators are complex and can break in multiple ways. A very common repair is to the water lines in refrigerators with water and ice dispensers. Cooling elements are also at risk for malfunctions.
  • Dishwasher – You can live without a dishwasher, sure. But you won’t realize how much you love and depend on it until it’s the end of the day, you’re tired and the last thing you want to do is wash a pile of dishes. Additionally, repairing one can cost up to $1,000!
  • Gas stove – It’s a very smart idea to buy a warranty for your gas stove or gas appliance. In general, gas appliances are more expensive to repair than electric appliances, making a warranty very worth it.

Can I repair my appliance myself?

You can absolutely attempt to repair appliances yourself. Some issues are easier to fix than others. However, doing so incorrectly could result in a larger fee than simply having it repaired professionally in the first place. Repairs can be expensive, though. The service fee alone can cost as much as $150! That’s when the true value of a warranty shines. When your appliance under warranty breaks, there are no deductibles or service fees. You won’t have to pay a dime, at least when you have Upsie.

Who has the best appliance extended warranty plan?

Upsie has the best appliance extended warranty plans. Their prices are affordable, they tell you everything the plan covers before you buy and they make purchasing the plan easy. Furthermore, they have outstanding customer service and 24/7/365 customer claims. Lastly, they do not profit off of denying your claim, which means certified repair technicians will do everything possible to get your appliance up and running as quickly as possible.

What does an appliance warranty cost?

The cost of Upsie appliance warranty plans vary based on the price of the appliance and the duration of coverage. Upsie offers 3-year and 5-year plans. They begin immediately after you purchase the appliance and overlap with the manufacturer warranty for the first year. As an added benefit, Upsie covers defects that the manufacturer may deny as long as it is within their terms. So, your appliance will be covered for either three or five years total when you include the manufacturer warranty. Here’s an example of warranty pricing for a refrigerator as of September, 2020.
Refrigerator Price 3-Year Warranty 5-Year Warranty
$900 $98.99 $154.99
$1,200 $115.99 $199.99
$1,600 $128.99 $249.99

How long after I buy an appliance can I buy an extended warranty?

Upsie gives you up to 11 months after the purchase of the appliance to get a warranty. Why so long? They understand that an appliance is a large expense and paying a little bit more right away might not be feasible for some people. Also, they want to give you an opportunity to decide what’s best for you. If you can’t decide if you want a warranty or not, that’s fine. Take your time. But know that you do need to upload a copy or picture of your receipt to activate your plan. So, if you decide to wait, make sure to put your paperwork in a safe place that you can easily access later. We think you’ll want the warranty protection because it is totally worth it.

How to purchase an extended warranty for appliances?

Purchasing a warranty with Upsie is easy. The entire process takes place online, on your time. It takes most people less than one minute to actually buy that plan; it’s that simple. This process is dramatically different from buying a warranty in-store. For one, in-store plans are more expensive, and the sales representatives will pressure you into purchasing one. If, at any point during the purchase process, you have a question about Upsie, you can reach out to them. A real person will help you, but will never pressure you to finish the process.

At what point will an extended warranty replace the appliance?

If the appliance is broken beyond repair, or the cost of repair is not feasible, Upsie will issue a replacement.The one exception is if a claim has already been made on the plan. In this case, Upsie cannot issue a replacement, but they will send you a check for the remaining appliance value. For example, say your appliance cost $1,500. You made a claim for $400, and your appliance cannot be repaired on the second claim. You will then receive a check for $1,100 to go towards a new appliance.
So, what are you waiting for? If you have any questions, you can contact Upsie via their website or send them a message on Facebook or Twitter.

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* This article is over 6 months old and may or may not be updated.