Compare extended appliance warranty costs against the typical repair and replacement costs for major appliances.
Warranty Annual Cost
$375
Expected Without Warranty
$400
Potential Savings
$25
Recommendation
Warranty likely worthwhile
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How appliance warranty costs are calculated
The total annual cost of an extended appliance warranty includes the plan fee plus the service fee multiplied by the expected number of breakdowns per year. This total is compared against the expected repair costs you would pay without coverage. If the warranty costs less than self-funded repairs, it may be worth purchasing.
Results are estimates only and should not be considered professional insurance advice. Always consult a licensed insurance advisor before making coverage decisions.