extended warranty

An extended warranty is an optional service that provides additional protection for a product beyond the manufacturer’s original warranty. It covers repairs or replacements if the product develops problems after the initial warranty expires. Typically, you pay a fee upfront or periodically for this coverage, which can offer peace of mind and potentially save money on costly repairs. Extended warranties are common for electronics, appliances, and vehicles, and they help ensure the product remains functional for a longer period, though it’s important to review what exactly is covered and any exclusions.