The good news is, HVAC warranty terms today are better than ever. Virtually all major manufacturers now offer improved warranties on air conditioners and furnaces. This reflects the fact that the technology, materials, and build quality incorporated in HVAC systems have continued to improve over the years. So, though you’re somewhat less likely to need warranty service, today’s HVAC warranty terms have you covered if you observe a few minimal requirements. Here’s a brief summary of current industry-standard warranties on new air conditioners and furnaces.
Manufacturer’s Coverage
Basic five-year coverage on all parts is a slam-dunk from most manufacturers today. If anything fails, there’s no charge for the replacement part. Period. What’s more, if you simply register your unit for warranty coverage at the time of purchase — it only takes a few minutes — most manufacturers will extend that five-year parts coverage to 10 years.
High-Cost Items
Many name-brand companies offer a lifetime warranty option to cover the furnace heat exchanger in certain units. This is typically limited to the more expensive, higher-efficiency furnaces and valid only for the original owner of the furnace.
A failed AC compressor can sometimes cost more to replace than purchasing an entirely new AC unit. Special lifetime coverage for compressor replacement is available for the original owner of higher-efficiency air conditioners — from certain manufacturers.
Exceptions
To retain coverage, manufacturer’s warranty terms typically include a requirement for annual preventative maintenance performed by a qualified professional HVAC contractor. Coverage may also be denied if regular maintenance and needed repairs are neglected.
Labor Coverage
Most HVAC manufacturers’ warranties cover only parts, not labor or service costs. Extended warranties to cover labor are generally available from HVAC dealers, particularly the company that sold you the unit. These policies, available at extra cost, may extend labor coverage to as long as 10 years. Extended coverage also enhances the value of your home, as these policies can usually be transferred to the next owner of your house.
For more info on today’s HVAC warranty terms, ask the professionals at Ace Hardware Home Services.
