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The Difference between an Extended Warranty and Service Plan

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The Difference between an Extended Warranty and Service Plan

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The Difference between an Extended Warranty and Service Plan

  1. 1. The Difference between an Extended Warranty and Service Plan Bankers Warranty Group
  2. 2. The Difference between an Extended Warranty and Service Plan  Florida company Bankers Warranty Group is a leader in warranties and consumer services. An affiliate of Bankers Financial Corporation, Bankers Warranty Group provides businesses with service contract options, such as extended service plans.
  3. 3. The Difference between an Extended Warranty and Service Plan  An extended warranty and extended service plan are among the two most recognized guarantees that a customer will receive a quality product as well as exceptional customer service. Although the two services often are viewed as being the same, each covers different circumstances . An extended warranty is an added assurance that a product will be replaced if there is a problem directly related to how the item was manufactured. It is an extension of the original manufacturer’s warranty that covers workmanship and materials. However, an extended warranty does not cover general maintenance, unintentional damage, and wear and tear.
  4. 4. The Difference between an Extended Warranty and Service Plan  For more protection, an extended service plan covers common issues that are not covered by a manufacturer’s warranty or extended warranty, such as damage from water or liquids and regular maintenance.

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