Now, your appliance is likely to last much longer than the average life expectancy prescribed for new appliances today. A 2- to 10-year homebuyer warranty service agreement covers repair or replacement of appliances and systems, including labor and parts-related costs. According to Department of Energy appliance standards, manufacturers are developing new, more efficient appliances that save consumers money on their energy bills. Let's take a look at the data behind the reliability of modern household appliances and consider some ways in which you can protect yourself from unexpected repair and replacement costs.
