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A warranty is a guarantee issued by a seller to a buyer that a product will meet certain specifications. If the product does not meet those specifications, the buyer can ask the manufacturer or seller to correct the problem. Certain exceptions apply, and not every defect is covered.

Implied warranties deal with the product at the time it is purchased. Generally, customers have four years to enforce an implied warranty claim. Merchants of used goods also give implied warranties. You can sell without implied warranties?"as is"?in most, but not all states.

One of the key benefits of warranty protection is the financial security it offers. Imagine buying an expensive electronic device and then encountering issues shortly after. Without a warranty, you'd have to bear the cost of repairs or even replacement entirely on your own.

A warranty ensures you of the product quality. It's a testament to the full confidence the company has in its product. Certified Service will undertake repairs or even replace faulty products as per terms of the contract.

Sue in Court If all else fails, sue for damages. A warranty is a contract. When your warranty company refuses to honor the terms of a warranty, you may have a claim for breach of contract. The amount allowed in small claims varies from state to state, but for most products, you can sue in small claims court.

The benefits of a warranty program are many. From increasing customer loyalty and boosting your brand image, to decreasing operational costs and collecting valuable feedback on product performance, these benefits can help your business thrive in today's competitive market.

Usually, an extended warranty is most worthwhile if it starts when the manufacturer's original warranty expires, whether you're driving a new or used car. As with any warranty, the key is to read the fine print of an extended warranty and ask any and all questions before you sign.