Certain things have to be kept in mind before buying an extended warranty such as to enquire about the company, it is always good to do some homework about the brand and the product.

There are extended warranties given by the manufacturer "One should, therefore, check who is offering the extended warranty and also that it's not getting duplicated, i.e., you may be buying it from an external company whereas it's already offered by the manufacturer. Only when an external company is covering damages in addition to the manufacturer, that makes sense to avail," said Jitendra P.S. Solanki.

The extended warranty should also give enough coverage for the product and consumers should calculate the services of the company. "Whether it will be a company-authorized qualified technician who will perform the service? Is there a home repair facility or pick up or you will have to take the item to the service centre? Is there a 24-hour telephone support from the company?" said Solanki.

Hidden cost need to be checked in some cases there will be a charge for home repair, pick up facility and many more. And these days many companies are being bought and sold and the proprietor of the company changes. One has to check if the extended warranty will be transferred to the new owners or will it expire in case the ownership changes.

Consumers should carefully read through warranty exclusions of what is covered and what is not and before buying the extended warranty, customers need to check on the quality record, reviews, feedback for the given product before making the purchase decision.

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