Extended Warranties

We all rely on appliances and machinery; from simple products such as coffee machines and irons, to more complicated equipment such as cars and computers. In some cases, a breakdown can simply be annoying, while in others, it can cause you real inconvenience, and may result in significant expense.

Any new product is required by law to work, and the manufacturer or retailer will usually guarantee it for a period of time - typically a year.

An extended warranty is a type of insurance that covers you for repair costs after this guarantee has expired. We take a look at the two main types of cover you may be considering investing in: general household items, and auto warranties.