Seems like you can’t purchase any electronic device without being offered an extended warranty – but is it a good investment? According to a recent poll of over 2,000 readers of PC World magazine, 63% said they always go for the extended warranty plan; and of those who had it, 80% were satisfied with the service. Does that mean they are a good investment?
In our opinion, extended warranties are not necessary since most bugs will reveal themselves within the first 90 days of purchasing a technical gadget, which is well within the normal warranty of the product. But if you feel better in buying an extended warranty, here are 5 tips to follow:
1. Read the terms before you buy. You don’t have to read the warranty in the check out line – take it home. You can usually buy it later.
2. Beware of shipping charges. If the products needs to be sent in for service, you could get stuck with the tab.
3. Look for accidental damage coverage. Most policies do not cover products that are damaged from falls or spilled coffee. If that option is available, you might have to pay more for it (a good idea, particularly for mobile devices that get abused).
4. Look for extras. Many extended warranties cover replaceable items, such as bulbs in projectors which are expensive and can wear out.
5. Check for the product’s reliability online first. If you are buying a quality product, an extended warranty might not be necessary. Obviously doing a little research and spending a bit more on a better built product will save you a lot of time and aggravation in the long run anyway. You can find some good information in PC World’s annual Reliability and Service survey and Consumer Reports’ reliability ratings.
Of course, you can always call us for our opinion since we have to fix the PCs, servers, and other gadgets for multiple clients!