TALLAHASSEE, Fla. – The summer mowing season is in full swing, and consumers are faced with the unpleasant fact that popular lawn mower models are among the most repair-prone consumer products. That’s why shoppers are turning to extended warranties to…
The Service Contract Industry Council (SCIC) estimates that consumers bought more than 10 million service contracts in 2012 for both new and used vehicles. Those service contracts covered 95% of annual claims filed, including repairs necessary due to normal wear…
The conventional wisdom has always held that extended warranties are a sucker's bet. It's often said that businesses far and wide—from automakers to computer companies—make more money on the sale of extended warranties than they do from the actual products…
Home warranties for resale homes are on the rise as the housing market recovers and more homes hit the market for sale. So says the Service Contract Industry Council (SCIC), a trade group comprised of most of the nation's home warranty…
TALLAHASSEE, Fla. – As home prices begin to rebound – as much as 9.7 percent this year by some estimates – more home sellers are purchasing extended home warranties (also called service contracts) to give themselves a competitive edge. “Securing…
As new cars make their debut on the nation’s biggest car sales weekend of the year, more buyers than ever before will decide to purchase a service contract to cover the cost to repair their new ride. Service contracts are…
TALLAHASSEE, Fla. – As new cars make their debut on the nation’s biggest car sales weekend of the year, more buyers than ever before will decide to purchase a service contract to cover the cost to repair their new ride.…
Cindy Miller has dutifully renewed the home warranty on her Arlington, Texas home each year for the past decade. After her most recent experience, though, she's not sure she'll renew it when it expires this year. Miller recently had trouble…
With the start of the new year, many people are looking to make a fresh start: Often that involves purchasing a new car. The new 2013 model cars are appealing because of the many high-tech features they offer. Cars are…
Cindy Miller has dutifully renewed the home warranty on her Arlington, Texas home each year for the past decade. After her most recent experience, though, she's not sure she'll renew it when it expires this year. Miller recently had trouble…