Should you buy a furniture protection plan?
If you travel for work and frequently sublet your house or apartment, a furniture protection plan could be a safe bet. All it takes is one bad tenant to ruin your sofa. While they get to check out, you have to live with it. Rent out your furnished space with peace of mind that no matter what happens to your furniture, you’re covered.
Are furnishing protectants really worth it?
Many of the furnishing protectants are actually solutions that the average homeowner could apply without any trouble. Otherwise, a “service technician” will do the same for you which will make you wonder if it’s really worth it when you see them spray protectant on your sofa.
Is furniture insurance worth it?
While furniture insurance is not for everyone, it can be a worthwhile investment depending on your lifestyle and budget. What Is a Furniture Protection Plan?
What is a furniture protection plan for kids?
Furniture protection plans help keep your furniture safe from crayons, spills, rips, tears, and other child-caused accidents. Even the best-behaved kids can cause damage.
Is it worth it to get warranty on furniture?
In certain cases, a furniture protection plan can be a wise investment. If you're prone to spills and stains, if you have kids or pets, or you'd rather just have the peace of mind that you're protected, a protection plan can be worth the investment.
Is Ashley furniture extended warranty worth it?
Furniture salespeople may make a strenuous effort to sell you an extended warranty. These plans are typically pitched as though they offer added protection and extend the retailer's warranty. Extended furniture warranties are never a good idea. They invalidate the manufacturer's warranty and are loaded with exclusions.
What does my furniture insurance cover?
Furniture Protection Plans are designed to cover stains and damage caused by a specific incident. Overall cleaning is not covered as this is considered maintenance for normal wear and tear as opposed to the spot cleaning provided by the plan for accidental spills.
Are warranties a waste of money?
Extended warranties are rarely worth your money. Products don't break on their own, and when they do, the price of repairs is usually lower than what you'd spend on an extended warranty. Sure, some people have saved a lot of money with extended warranties.
Does Ashley Furniture honor their warranty?
Ashley Furniture Industries, Inc. warrants to you, the original retail purchaser, for a period of one year from the date of purchase, all leather to be free from defects in materials and workmanship, seam slippage, cracking, and dye transfers.
Is The Brick furniture warranty worth it?
“These warranties aren't worth very much,” Cran said. Nakonechny admitted The Brick's salespeople are paid a commission to sell extended warranties. “In any commercial enterprise there needs to be an incentive to offer it, and so our sales people are compensated based on their sales.”
What is accidental damage to furniture?
Accidental damage insurance for furniture typically covers things like: Accidental staining - for example, tea and coffee, and foods like curry and chocolate. Accidents caused by children - like damaging the sofa frame by jumping on it.
Can I put insurance on my furniture?
What Is a Furniture Protection Plan? Whether caused by the aforementioned wine stain or a moving-related scuff, damage to furniture can be covered by a furniture protection plan, which offers repairs within the plan's time frame just like auto, home, or renter's insurance.
What is the guardsman Gold plan?
The Plan offers five years of protection against accidental damage, including stains, gouges, tears, burns, water marks, animal damage on indoor furniture, and more. Guardsman® provides professional in- home repair when furniture is damaged – at no additional charge.
What does Dave Ramsey say about extended warranties?
“The fact is, extended warranties are overpriced. That's the reason people sell them, because they make a bundle on them in commissions,” says a money expert and radio talk show host, Dave Ramsey. “I don't recommend buying extended warranties, ever.
Why are extended warranties bad?
While it may sound like a good idea in theory, extended warranties often come with a high price tag and don't necessarily cover everything that could go wrong. Plus, many people who buy extended warranties never use them. In that case, an extended warranty becomes a cost with no financial return.
Is it a good idea to buy an extended warranty?
When it comes to the long-term cost of your car, extended warranties are generally “a bad deal,” says Gillis. In a Consumer Reports survey, 55% of people who purchased an extended warranty never touched it. Among those who did use the warranty, most saved less on repairs than they paid for the contract.
What Do Furniture Protection Plans Cover?
You see, a furniture protection plan is nothing more than an insurance policy on your furniture. Have a problem? You’ll have to file a claim and beg, plead, reason, scream, and rationalize with the claims representative into believing that you did not willingly punch a hole in your new upholstered couch.
What About Furniture Warranties?
One thing you have to keep in mind is that many furniture manufacturers already provide their own warranty against factory defects. This should cover you for any damage that you didn’t create. Plus, they are more likely to honor claims than protection plan providers.
Tips for Buying Furniture Protection Plans
Check to see if the provider of your protection plan is a verified business with the Better Business Bureau. Ask around with friends and family. Do a quick search on Google and read reviews about the company. If there are any red flags, run with your wallet and consider purchasing a protection plan from another company.
About NestandHome.com
NestandHome.com is the webs best kept secret with a mission statement that puts People over Profit. Nest and Home is different from other furnishing retailers because our team puts customers first. We won’t haggle you out of your hard earned money and we won’t suggest items you don’t need.
What is furniture protection plan?
Furniture protection plans are insurance for your furniture. Think of them like car insurance, health insurance, or homeowner insurance. Though unlike car insurance, health insurance, or homeowner insurance, furniture insurance is a one-time cost. When you purchase furniture, the salesperson will likely offer you furniture insurance.
Why do you need a third party furniture protection plan?
Let’s look at 5 reasons why this is the option to go with. 1. You Have Pets. Furniture protection plans can keep your furniture safe from animal damage. Most plans cover pet damage (though you should always double check the coverage before purchasing a plan).
Why not protect your investment?
So why not protect that investment. Furniture protection plans keep your investment safe. Quality furniture can last a lifetime, but only if you take care of your investment. There’s no reason to let accidents ruin what would otherwise last a lifetime.
What is a third party furniture plan?
Third-party furniture plans apply to any furniture you own. They represent a better way to protect your furniture’s long-term value. Some plans even cover manufacturer defects and flaws. So while manufacturer protection plans are worth the money, third-party protection plans are the better option. Given the choice, go with the third-party plan.
Is wine stain permanent?
If you know anything about wine stains, you know those stains are likely permanent. One simple mistake and now you’re out hundreds to thousands of dollars. But there is an alternative. A way that saves you from your own mistakes, and the mistakes of others. They’re called furniture protection plans.
Is furniture expensive?
Furniture Is Expensive. Yes, this is pretty obvious, but furniture is expensive. You can spend thousands of dollars on tables, chairs, couches, etc. Even if you’re on a budget, new furniture costs into the hundreds of dollars. Think of your last paycheck, or maybe your monthly income.
Can you catch a defect in furniture?
Manufacturers aren’t perfect. Sometimes products have defects, and you can’t always catch those defects before you buy the piece of furniture. You might get home and find your chair has a rip, or your table has a chip.
What to do if you spill wine on your couch?
If you accidentally spill a glass of wine on your couch, notice a new pet scratch in the leather, or cause any other accidental damage, you can file a claim with your furniture protection plan. Be prepared to take pictures of the damage.
What happens if you get a furniture protection plan?
If something happens to your furniture, you can file a claim and receive compensation to repair the damage. In other words, a furniture protection plan ensures your furniture stays in good condition for years to come. Here’s a quick look at what it covers and how it works.
What are the damages to a car?
Here’s a list of other damages your protection plan can take care of: 1 Burns and heat marks 2 Punctures 3 Rips, tears, and cuts 4 Scratches 5 Warped frame 6 broken springs 7 Other mechanical problems
What should my protection plan cover?
Some of the stains your protection plan should cover including the following: Ink. Beverage (like wine and coffee) Food (like sauces or sticky syrups) Cosmetics (like nail polish, makeup, etc.) Pet urine. Water rings. Other household stains. Here’s a list of other damages your protection plan can take care of:
Does furniture protection cover accidental damage?
You don’t have anything to do with these problems—accidental or otherwise. Furniture protection plans cover damages you, your children, or your pets accidentally cause. When you file a claim, the manufacturer doesn’t handle the repair. Instead, a furniture technician fixes tears or cleans the stains.
Can you leave your dog alone with new furniture?
Leaving your pets alone with your new furniture for even a few hours can cause you hundreds of dollars in damage. Without a furniture protection plan, you’ve lost your new furniture and all that money.
Does a warranty cover furniture?
In short, no. Warranties cover issues with the furniture that are the fault of the manufacturer. These types of problems usually have something to do with the quality of materials, the design, or the workmanship. You don’t have anything to do with these problems—accidental or otherwise.
The Fabric Protection Plan Sales Pitch
Normally I decline all sorts of extended warranties, knowing that they are a scam and a waste of money, but the sales guy said his sales pitch and mentioned a fabric protection plan that will be eligible for up to 5 years from delivery date on up to three accidental stains on the couch .
The Recommendations
I had a look around the Internet, and fabric protection plans do sound too good to be true.
Our Verdict on the Fabric Protection Plan
We saved money by buying a microfibre couch instead of a leather couch so we decided to just leave it and not buy the extra fabric protection plan insurance, even though it is only $160 over 5 years. The hassle and anger of being denied coverage or not getting full coverage doesn’t sound appealing and sounds too much of an annoyance to deal with.
What does "deluxe" mean in furniture?
"Deluxing" means that the retailer removes the furniture from the manufacturer's packaging, inspects it, repairs any noticeable defects and then blanket wraps the furniture for delivery to the home.
What is the purpose of a furniture warranty?
The primary purpose of a furniture warranty is actually to protect the retailer and manufacturer. At the top of the warranty, large bold letters will spell out the time limit for each major part of the furniture. For example: Much further down the document there will be exceptions and exclusions.
How much does an extended warranty cost?
The contracts are often awarded to the lowest bidder. Extended warranty plans generally end up costing anywhere from $100 to 6% of the total cost of furniture. They are extremely lucrative to the store.
What happens if you pick up furniture at a warehouse?
If something in one of the boxes you picked up is damaged some stores may deny responsibility. Carefully read your receipt if you pick up furniture at a retailer's warehouse. There may be unexpected clauses. For example the signed receipt may certify that you have accepted the furniture in good condition.
How long does it take to return furniture?
Large furniture items can cost many hundreds of dollars to ship (each way.) Returning furniture to a manufacturer for repairs can take several weeks (or months.) Customers may also be charged hourly labor costs for warranty repairs.
What is customer abuse?
For example: "Customer abuse" can include actions such as using cleaning or fabric protection products on your furniture. Not cleaning the furniture or allowing pets on it may also be cited as "abuse.". Use of the furniture by larger than normal persons may also be considered "abuse.".
Can you get an extended warranty on furniture?
Furniture salespeople may make a strenuous effort to sell you an extended warranty. These plans are typically pitched as though they offer added protection and extend the retailer's warranty. Extended furniture warranties are never a good idea. They invalidate the manufacturer's warranty and are loaded with exclusions.
What to do if you have a claim with Guardsman?
The best thing to do if you have a claim with Guardsman is to take a knife, and cut your upholstery, then call and say "It happened today". Take it from a 20 year tech. Slice it open. "My visiting cousin had a knife in his pocket" It's the biggest rip-off in the industry.
Is Guardsman a division of Valspar?
First of all, Unhappy Too, Guardsman IS a division of Valspar. Which is a very reputable and ethical company. This should give you some obvious flag that you are misunderstanding the program. It states right on the front of your Guardsman Protection Plan where your Plan number and where the Phone number is to call them, that you MUST report any stain or damage within 5 business days. This is so that they can try and resolve the problem as soon as possible. They are a repair company and only replace when they have to. Seam separation is something that occurs over time so unless there was a specific incident that caused it, like a knife slicing the fabric, that is something that they do not service. Guardsman stands behind every word of their plan and they have went over it many times with me, whenever I ask them. The technician that went to your home looks at the furniture and determines if this is something that is an actual accidental damage or if it is a wear issue. If it is wear, then they take photos and submit them to Guardsman so that they can make sure the technician made the right decision. Any other questions, feel free to reply or email [email protected]. If I don't know the answer, I can call them to get the right answer. I can assure you that they are not a scam though and they are not an insurance. They are simply a repair company offering a service plan for damages that they are capable of repairing.
Is Laz Boy a scam?
yes! They are a scam. They will not clean a blood stain off my sofa. I paid $70 to La-Z-Boy for a five year plan. They guy came and took pictures and left.#N#Donot buy a guardsman plan.
Is furniture warranty a scam?
Furniture warranties are not technically a "scam". They do provide a product. The problem is that these warranties are written in language that is written to hold up to legal scrutiny. The average layperson can't understand it - there are probably even some lawyers who can't. My advice would simply be not to buy furniture warranties. Enforcing a "no eating in the living room" rule can go a long way towards protecting your furniture. And if an accident happens, do your best to clean it. It's certainly a lot easier than jumping through the hoops of trying to get anything from the warranty company. They will constantly try to trick you into saying something that will allow them not to help you. It's similar to the fine print in credit cards. I think a law should be passed that all fine print be explained in uncomplicated language. There is no reason people should have to get a PHD in insurance to navigate that absurd system.
Is extended warranty a ripoff?
Yes extended warranties are generally a ripoff. Its not likely that a customer will receive full value for the warranty. They cost only a few dollars for the retailer, and they can make very high margins on them - usually higher than any other item in the store. Plus, the store has no cash or retail space tied up in inventory for it, so their carrying cost are zero. Salespeople are required to push these plans because of the profit opportunity for the retailer. Just think about it, there is no way a company could legimately make a profit servicing furniture at your home on a flat rate basis, let alone replace it. The best bet for the comsumer that is concerned about the long term is to deal with a reliable retailer offering high quality merchandise to start with.
Is Bob's Goof Proof a scam?
bobs goof proof is a complete utter scam!! - but his prices are the best by far....still (deleted)es me off that the company engages in deception/additional commission tatics like this...shame of them....
Is Guardsman a scam?
Guardsman is a scam. They claim to cover pet stains, along with other "undesirable stains" such as blood vomit deleted and drool, yet when I had a repeat claim for pet stains I was told that this was repetitive and preventable, therefore, they would not cover pet stains in the future. They indicated that the consumer has a responsibility to protect their furniture and prevent stains. This protection plan was sold to be as a care and maintenance plan that would provide cleaning regardless of the repetitive nature by Ashley Furniture. Now Guardsman is trying to deny covering any future stains. SCAM!!!!!!!!!!
