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Tuesday, August 31, 2010

Save on Product Warranties

From AARP Bulletin

Many consumer advocates say you should skip extended warranties on appliances, which can cost as much as $300 per appliance for five years of coverage. If you feel you must have a warranty, consider a package deal.

GreenUmbrella.com, for example, charges $9.95 a month and covers an unlimited number of appliances for up to four years from their purchase date.

All Six Warranty provides coverage for six major appliances, regardless of age, for $19.95 a month, plus $50 per repair (with a lifetime coverage limit of $1,500 per appliance).

If the appliance can’t be fixed, GreenUmbrella may reimburse you for the original purchase price, whereas All Six will replace the product with a comparable new model.

Get more home savings tips.

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