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10% off multi-appliance warranties

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Former_MSE_Archna
Former_MSE_Archna Posts: 1,903 Forumite
500 Posts
[title=http://images2.moneysavingexpert.com/images/dp/wtd_underline.gif]wtd_icon.gif What's this about?[/title]

If you are looking for a warranty to protect new christmas purchases (or any other) there's a code available to get 10% off multi-appliance warranties from one of the well-known providers.

However before you decide to do this it's always worth considering whether a warranty is worth it for you in the first place. Often the chance that repair is needed is limited and the cost not prohibitive, so saving up may be better. Yet if you do want a warranty these multi-applicance policies tend to be much better deals.

[title=http://images2.moneysavingexpert.com/images/dp/wtd_underline.gif]wtd_icon.gif What's the deal?[/title]

If you go to Warranty Direct* get its multi-applicance policy and enter the code RAOX108 you get 10% off. These types of policies cover three or more appliances (washing machines, fridges, TVs etc) that are less than seven years old.

Policies start from £8/month after the discount but will depend on age and brand of the appliances. Warranty Direct is one of the biggest providers of this type, but that doesn't necessarily make it cheapest, it's also worth checking Warranty Care and Warranty Ex.

The Warranty Direct plan offers cover against mechanical, electrical or electronic breakdown only. Accidental damage is not included.

The plan covers all items up to £2,000 but there is also an annual claim cap of £2,000. So if you claim once for a TV worth £2,000, you won't be able to claim again on the policy that year. You can't claim during the first 30 days of the policy either.

Important Note: We are planning a full guide on warranties, and are researching them at the moment, this is a holding note due to the discount code so that we could tell you about it - though it does means we have not done a full check on these providers - please be aware of that before signing up.

[title=http://images2.moneysavingexpert.com/images/dp/wtd_underline.gif]wtd_icon.gif Are warranties worth it?[/title]

Most shop bought warranties are a nightmare of expensive over promises and should rarely be touched with a proverbial bargepole.

It's always worth first working out the likelihood of breakdown and how much repair or replacement would cost - and if that's likely to be less than the cost of the warranty avoid it.

If you are going to get a warranty though, it is generally cheaper to go via a standalone provider (ie not the shop where you buy the goods) and through multi-warranty policies.

It's also worth remembering that you have consumer rights on many goods you buy too. When you buy anything, the key rule is the Sale of Goods Act 1979. It says goods should be of satisfactory quality, fit to do the job intended for them and last a reasonable length of time. If there is a fault and you return goods within 6 months the shop needs to prove they weren't faulty when you bought it - after that you must prove they were faulty.

Yet while you have strong rights, enforcing them isn't always easy - if a TV stops working after a couple of years it's not easy to use the Sales of Goods Act - even though you may just be able to argue it in court. See the Consumer Rights guide.


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* Using these links helps the site stay ad-free and free to use, as they’re ‘affiliated links’ which invisibly take you via commercial price comparison services like Moneysupermarket or Find, which then pay this site per click.
You shouldn’t notice any difference, the links don’t impact the product at all and the editorial line (the things we write) is NEVER impacted by the revenue. If it isn’t possible to get an affiliate link for the best product, it is still recommended and still included. The following: Warranty Direct is an identical unaffiliated links provided for the sake of transparency. Click on the following link for more details on how this site's financed.

Important FSA Note.
Referring people to insurers or insurance intermediaries can in some circumstances require FSA authorisation. For this reason, Martin Lewis of Shepherd's Studios, Rockley Road, Shepherd's Bush, London W14 0DA is authorised and regulated by the Financial Services Authority.

Comments

  • fayraz
    fayraz Posts: 625 Forumite
    Part of the Furniture Combo Breaker
    Has anyone used Warranty Care their prices seem half to what Domestic & General, Warranty Direct and Warranty Ex want for my American Fridge Freezer?
  • ormus
    ormus Posts: 42,714 Forumite
    Most shop bought warranties are a nightmare of expensive over promises and should rarely be touched with a proverbial bargepole.

    this should be highlighted.
    Get some gorm.
  • fayraz wrote: »
    Has anyone used Warranty Care their prices seem half to what Domestic & General, Warranty Direct and Warranty Ex want for my American Fridge Freezer?

    Domestic and General are charging £9 95 for three appliances.
  • herdeep
    herdeep Posts: 10 Forumite
    I took out a 5 years warranty on my LG condensor dryer.
    We have had to call in the engineer over 6 times in the last 12 months to repair the dryer.Now that the warranty is over the dryer has failed again.
    So I am not sure if this warranty was a good buy
  • warranty-insurance.co.uk are charging 12.95 pm for 16 appliances or 9.95 for 10 kitchen appliances. This is a fraction of what anyone else is charging. The only catch is a £40 excess. Has anyone had any dealings with them as this seems too good to be true?
  • check this site for warranties electronicwarranty.com
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