Check consumer publications or ask repair professionals about the specific appliance and its repair history. You can also contact the manufacturer at their toll free or service repair phone number. You may have other expenses after you buy a service contract. Service contracts, like insurance policies, often have deductible amounts. Or, you may be charged each time the item is serviced.
Some expenses are limited or excluded.
For example, you may have to pay cancellation or transfer fees if you sell the covered product or wish to end the contract. If the service contract is offered by a local retailer or dealer, you may only be able to get local service. Consider the possibility that problems may develop after you move away from the area. The Federal Trade Commission often gets letters from consumers who ask what they can do about a service contract company that has gone out of business and cannot repay claims. Unfortunately, there is little recourse available to these consumers.