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Top 5 Reasons to Buy Service Contracts for Motor Vehicles, Homes, Electronics and Appliances
- Peace of mind knowing the product purchase will be covered for various repairs when the manufacturer's warranty expires
- No unanticipated, costly repair bills because most malfunctions are covered fully or in part by an active service contract; reimbursement for incidental expenses, such as car rental, towing, or food spoilage, which results when a covered product is defective or fails to operate properly
- Convenient, timesaving and hassle-free assistance with quick, easy access to pre-qualified repair technicians, industry professionals, and technical assistance
- Minimum downtime by tending to all covered malfunctions as they arise
- Increased product and ownership value when home, autos, appliances, entertainment systems, computers, HVAC systems, etc. are well maintained; in many cases, service contracts are transferable to a new owner
Consumer Tips for Getting the Most from a Service Contract
- Read the provisions and terms carefully and become thoroughly familiar with all coverage and exclusions
- Carefully fulfill all service contract obligations, such as regular maintenance, including oil and filter changes, etc.
- Keep the service contract paperwork, receipts, and all maintenance records in a secure, easy-to-access location
- Remember to use your service contract for even small covered malfunctions to maximize the value, functionality, and enjoyment of your product or purchase
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