Accident protection plans, extended warranties, lifetime warranties, and product protection: If you’ve spent much time looking for a way to protect your purchases, you’ve probably heard a few of these terms tossed around from time to time. But what do these terms really mean, what are the differences between them, and how can you get the best protection for your purchases?
Knowing the answers to these questions can make a big difference in helping you get the most out of your purchases. And if you're in the market for product protection, subscribe to Mulberry Unlimited. You'll get coverage for all your online purchases under the same product protection plan, giving you the ultimate peace of mind. In this article, we’ll take a look at how accident protection and product warranties compare.
What is a product warranty?
If you’ve ever shopped for a car, you’re probably familiar with the idea of a product warranty. There are two types of product warranties to know about: standard product warranties and extended warranties.
Most large purchases such as cars, furniture, and even some tech gear, come with a free standard manufacturer’s warranty when you buy the product. These warranties are essentially a guarantee from the manufacturer that they’ll back up your purchase if something goes wrong, and are designed to give customers the confidence to make their purchase.
While a product warranty sounds like a good idea in theory, unfortunately, it doesn't usually prove to be as helpful as you might expect. Product warranties are generally pretty limited in the coverage they offer. You’ll usually get around a year of coverage for things like mechanical failures or defects that occur in manufacturing.
Extended warranties, on the other hand, generally extend the standard warranty coverage for a longer period of time and add some additional coverage. However, these warranties typically have a lot of fine print. While they may offer coverage for things like accidental damage, there are often exclusions, exceptions, and hidden clauses that can make it difficult to actually get your money’s worth. This is why it’s important to study the terms and conditions carefully before making a purchase to ensure you understand exactly the coverage you’re getting.
What is accident protection?
Accident protection plans are specifically designed to offer protection for your purchases. Although extended warranty plans are hit and miss with accidental coverage, with an accident protection plan like Mulberry Unlimited, you can get coverage for things like drops, spills, scratches, and other damages that can happen as a result of accidents.
While we try our best to protect our purchases from damage, the reality is that accidents happen, and it’s important to be prepared for the worst case scenario. Accident protection plans can be purchased from a third party like Mulberry, and are a great way to get your money’s worth out of your purchase.
Accident protection vs. Product warranty: What’s the difference?
One of the biggest differences between extended warranties and product warranties is that extended warranties are offered through the manufacturer, while accident protection plans are offered through another company. Companies like Mulberry sell plans that are designed to fit your needs and have short, easy to understand contracts. Many extended warranties come with lengthy, confusing contracts that can have a lot of fine print.
Another difference is that extended warranty plans are sometimes administered through an insurance provider, such as Allstate or Uniters, or another large third-party company, while accident protection plans like Mulberry Unlimited are administered through the company itself. If you’ve had to make an insurance claim, you know that working with the right company can make all the difference in your experience. Companies like Mulberry provide a one-on-one, quick, and hassle-free experience for customers.
Which is better for you?
At the end of the day, when it comes to protecting your purchases, accidents happen, and it’s important to be prepared in order to avoid wasting your money on repairs and replacements. Next time you’re looking for a warranty for Amazon products you’ve purchased, skip the extended warranty and head straight for an accident protection plan.
With Mulberry Unlimited, you can protect as many of your online purchases as you’d like with no hidden fees or deductibles, all for just $9.99 per month. It's the most comprehensive protection plan on the market, to give you the best online shopping experience possible.
