Before you make a major purchase, there is an important promise you should read. It's called the warranty. A warranty is the manufacturer's or seller's promise to stand behind a product.
Warranties vary in the amount of coverage they provide.
So, just as you compare the style, price, and other characteristics of products before you buy, you also can compare their warranties. There is a federal law covering warranties called the Magnuson-Moss Warranty Act. The law requires that warranties be available for you to read before you make a purchase and that the warranty must be easy to read and understand. Every term and condition of the warranty must be spelled out in writing. When you buy a car, home, or major appliance you may be offered a service contract.