Know the Length of Your Warranty
Do you know if your water heater is currently under warranty? Do you know how long your warranty is for? In most cases, water heater warranties range anywhere from one to five years. If your appliance is older than five years, you may not be covered under your manufacturer’s warranty anymore. If you are still under warranty, be sure to check out the limitations and constrictions in your purchasing agreement. See how long your warranty is in place. Once you have this information, you can determine whether or not you can use your warranty for repair, need a new warranty, or a new water heater altogether.
New Warranty vs. New Water Heater
If your water heater is already four or five years old on a six year warranty, is it a better choice to buy a new water heater with a brand new warranty protection; or to keep your aging appliance and purchase a new warranty? This is a decision many homeowners face when it comes to water heater warranties. The best way to determine which decision suits your needs best, is to ask yourself a few questions. Do you plan to live in the home for another five to six years? If so, perhaps purchasing a new unit would be more beneficial. You can have a brand new high performance appliance, with a brand new warranty attached. On the other hand; are you moving or selling the home soon? If so, then re-purchasing another warranty is probably a better financial position, long-term.