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Is a Service Contract worth the money?

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Is a Service Contract worth the money?

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As consumer goods and electronics manufacturers’ warranties continue to scale back their coverage period (90-day terms are common), consumers need a viable option to extend the protection for their purchase. In addition to extending the product coverage, Service Contracts may provide consumers with many additional benefits beyond the manufacturers’ warranty, including access to product troubleshooting; coverage for accidental damage from handling; coverage for failures caused by power surge and normal wear and tear; coverage for consumable items like bulbs and batteries; and maintenance benefits such as laser cleanings for DVD players. Service Contracts are designed to minimize the hassle associated with downtime and repairs, while maximizing a product’s functionality and the owner’s enjoyment of the product.

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