Most service contracts or extended service plans fall under one of six basic types: The Department of Consumer Affairs regulates through the Bureau of Electronic and Appliance Repair service operators that sell contracts for repairing consumer electronics and equipment in California. The Ministry may fine offences, revoke or suspend their registration. The law also protects consumers by requiring service providers to provide the service guaranteed by the service contract. Additional consumer protection requires that service companies financially support contracts for services delivered. The Bureau of Electronic and Appliance Repair regulates service providers who sell service contracts for the repair of consumer electronic devices in California. This consumer guide contains information about what service contracts are, the types of coverage available, what you need to know before you buy a service contract, and what to do if you have a problem. A service that repairs air conditioning systems sells maintenance contracts for 80 $US a year. The average cost of air conditioning repair is 350 $US and 1 in 100 people who buy maintenance contracts has air conditioning systems that need to be repaired. Determine the expected benefit of the service per maintenance contract. For deduction programs, the consumer is responsible for a certain amount of money, for example. B for the first $50 for repairs.

As soon as the repairs exceed this amount, the coverage takes effect. If you have a problem with a service contract you purchased, try to resolve it with the seller or contract administrator or the company that is performing the repairs. If you can`t resolve the issue, call the department`s toll-free Consumer Information Center at 1-800-952-5210. A service that repairs air conditioning systems, sells maintenance ag. Service contracts, sometimes called extended warranties or maintenance contracts, are purchased separately from the product. Like insurance policies, these contracts assure consumers that their investment is protected out of pocket at a fraction of the cost of repairs if something goes wrong with a product. Here are some tips to make when deciding whether to buy a service contract: you`ve done your homework, researched the market before buying a refrigerator, VCR, or PC. But just when you thought all the decisions had been made, a seller asks if you want to buy a service contract or an extended warranty. Initially, service contracts were offered and sold by the manufacturer of the product or by the retailer selling the product. However, due to the complexity of managing an expanded service plan, more and more retailers and manufacturers are reaching out to third-party companies to run the programs. These companies are paid by retailers and manufacturers to take on the day-to-day tasks of managing service contracts and consumer support. Geared towards products sold at retail for less than $100, replacement programs guarantee the set of products in case of cancellation of the item during the duration of the plan.

The average cost of repairing an air conditioning system = $350 Complete programs or plans cover all parts and work for a certain period of time, for example.B. one, three or five years. Extension plans extend the manufacturer`s warranty for a set period of time, typically from 90 days to a year. Maintenance fee for air conditioning = $80 per year. These programs, also known as “primary protection plans,” only provide the main element of the product, such as the picture tube in a television. B and generally have no labour costs. The Bureau of Electronic and Appliance Repair also registers and regulates distributors of electronics and device repair….