replacement warranty

A replacement warranty is a promise from a manufacturer or seller to replace a product if it develops certain problems within a specified period. Instead of repairing the item, they will send a new or comparable item to the customer. This type of warranty provides peace of mind, ensuring that if the product fails due to defects or issues covered by the warranty, you won't have to pay out of pocket for a repair or a new item. It simplifies the process and often offers quicker resolution compared to repair warranties.