Sears appliance plans cover all major kitchen appliances, however, they don't protect duplicate appliances. For example, if you have a second refrigerator, stove, oven, or cooktop, the item will not be covered with one of the Sears plans or additional options. This isn't unusual for home warranty providers. While the company will remain in business, old customers are a little nervous and wondering about warranties for all the appliances they purchased, as well as Shop Your Way reward points and gift cards.
Sears buyers like Cleo Pennington have a lot of questions about bankruptcy. So we checked the small print of the Sears ad for answers. More than an appliance store, but Sears wasn't just the place where moms and dads shopped. Tens of millions of children were looking forward to each Christmas The Wish Book, filled with dozens and dozens of toys.
Cheryl Ayers remembers it well, it was a big problem when that catalog came in the mail every Christmas and we would go through it with a pen and surround what we wanted Santa to bring, she said. In the 1920s and 1930s, Sears even sold homes, which today are still scattered in neighborhoods across the country. But houses disappeared after World War II, while Amazon, Target and Walmart took over the toy business, and Best Buy, Home Depot and Lowe's took over the appliance business. Sears will continue to sell Kenmore appliances in the remaining stores and online, but Cheryl Ayers says it's not the same thing.
Sears will still have 600 stores and a website. But with the recall of big-name brands like Whirlpool, no one is sure how much longer the remaining stores can survive. Business Insider worries that some potential customers are now afraid to buy a major Sears appliance and wonder about the future. But many legal experts believe that Sears promises will not be fulfilled if a federal judge decides to liquidate the company, says Business Insider.
And the Federal Trade Commission makes it clear that once a company is liquidated, the collateral holder can't do much about it. Under Chapter 11 bankruptcy protection, Sears would have to target creditors before they could compensate buyers for things like extended warranties and reward points, which means there is a possibility that the guarantees could be voided. All repairs and replacements require advance approval and Sears Home Warranty reserves the right to select the service provider who will perform repairs. If you perform repairs without working through Sears, you won't have coverage even though the repair is normally covered.
Available nationwide, Sears Home Warranty provides home warranties, appliance repairs, maintenance, and appliance cleaning assistance to homeowners across the United States. The table below provides a framework for the cost of repairing or replacing appliances and the system, as well as a cost comparison between Choice Home Warranty and Sears Home Warranty plans for the maximum lifespan of each item.