Is Buying Warranty Coverage Worth It?

“You’re not always getting a brand new product when you get it replaced.”

By Alain Stephens & Leah Scarpelli November 26, 2015 9:25 am

The wait’s nearly over for the biggest shopping day of the year: Black Friday.

It’s the perfect time to grab that TV or laptop for yourself or a loved one. But what about that moment when you get to the counter and the sales clerk asks if you’re interested in insuring your purchase?

So many stores nowadays offer extended warranties that it’s hard know if it’s worth your dollar. Digital savant Omar Gallaga of the Austin American-Statesman visited the Texas Standard studio to sort things out.

What you’ll hear in this segment:

– What items really deserve a warranty
– What items definitely don’t deserve an extended warranty
– Store warranties versus manufacturer warranties, and which one is the better deal

Listen to the full interview in the player above.