Warranty had been one of the topics for discussion during one of my latest posts. Another similar document, so to speak, is a service contract. This is actually more common when buying vehicles, and it’s similar to a warranty, except that it’s optional and it comes with a fee. Looking at it, it’s more like an extended warranty that you buy for your vehicle.
These contracts come in different types, according to the specific repairs that they cover. And thus, they are also priced differently. Similar to the selection of a warranty, it’s also important to pay attention to the small details involved in selecting a service contract. This is even more important because you always pay for this. So, you need to be sure that you’ll get the most out of what you pay for.
Some of the things that you need to consider here are similar to what you must check in a warranty. Ask yourself these questions: how much is the service contract? What repairs does it cover? Are there deductibles when I go in for a repair under the contract? What institutions or shops are allowed to do the repair when I need one?
Of course, you need to check the processes involved when you claim a repair under this, as well as possible requirements. You need to always anticipate a possible dispute in the future, and you have to be prepared for this as early as the time when you get the contract.
And, see to it that the company from which you buy the contract is good and to be trusted. You don’t want to deal with a company having any history or record of giving its previous clients a hard time during the repair or the filing of the claim, now do you?
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