You are here: Fairness.com > Resources > Should You Buy a Service Contract?

Should You Buy a Service Contract?

Date: October 1, 2001
Author: *Unknown
QUOTE: ...don't buy a service contract on the spur of the moment. Only buy one if you have found out exactly what is and isn't covered under the contract, and how reliable the company is that backs the contract.

ABSTRACT: Consumers sometimes feel reassured by including a service contract when purchasing big-ticket items such as electronics and vehicles, but this consumer protection article from the Maryland Attorney General's Office urges buyers to be wary; consumers should carefully consider contract terms, pre-existing (e.g. manufacturer) warranties, and coverage details before purchasing these profit-heavy (for the retailer) warranty agreements.

--- Nathan Hurst

Article MetaInformation:

Key People:
Key Organizations:
Subject & Geographic Categories:

Comments:

none
*User comments are posted without Fairness.com LLC's prior review or approval, and Fairness.com LLC takes no responsibility for them; please see our Conditions of Service Agreement.