Extended Protection Plan vs. Manufacturer Warranty: What’s the Difference?

One of the most frequently asked questions among confused consumers is, “What’s the difference between an extended protection plan and a manufacturer’s warranty?” Distinguishing between the two and getting clarity is not as complicated as it may seem.
To put it simply, a manufacturer’s warranty is an agreement that comes with the purchase and is included in the price of a product. This warranty makes some form of statement regarding the company’s promise to make any repairs or replace defective parts within a specific time period. A 90-day warranty is pretty standard. On the other hand, an extended protection plan is a separate agreement that is purchased by the consumer and designed to provide additional protection once the manufacturer’s warranty has expired. Because a manufacturer’s warranty is only good for a short period, and most repairs are needed after that initial period is up, having additional coverage for important purchases is a good idea.
Extended protection is extremely popular among consumers who want extended coverage for expensive purchases that they value as a long-term investment. Items such as home appliances, power tools, computers and electronics, automobiles, boats, and other items of value are all worth considering investing in an extended protection plan.
Additionally, extended protection plans often provide benefits that are not always covered under the terms of a manufacturer’s warranty. Extended service contracts offer peace of mind and convenience to consumers and are well worth the added expense at the time of purchase. Should something go wrong, break, or need repairs, knowing that you’re covered in a worst-case-scenario, can ease the situation. For instance, Mulberry’s Accidental Damage From Handling Extended Protection Plan for Tablets, Laptops, Notebooks and Cameras, covers accidental spills. However, a manufacturer’s warranty will only cover defective parts, pre-existing at the time of purchase.
If you decide to take advantage of extended protection, be sure to read the service contract along with the manufacturer’s warranty so you know just what is protected and for how long. Don’t hesitate to talk to the salesperson if you have any questions. They are always happy to help you read through the contract and get the best warranty for you and your purchase.
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