Understanding 3 Common Types Of New Furnace Warranties

It's easy to spend a ton of time looking at AFUE ratings and fancy features, such as modulating burners, when selecting a new furnace. However, it's important not to overlook the less exciting aspects of your purchase that can greatly impact its long-term operating costs and reliability. The warranty is one feature many people overlook despite its importance.

However, furnace warranties aren't always straightforward. Unlike less complex appliances, furnace warranties may have numerous stipulations and fine print. Keep reading to better understand some of the common types of furnace warranties so you can make a proper apples-to-apples comparison between brands and installers.

1. Manufacturer Warranties

All manufacturers will typically include a parts warranty on any new furnace. The warranty length may vary between manufacturers, and certain components may have a longer warranty than others. Just as your car might have a longer warranty on powertrain components, gas furnaces typically have longer warranties on their heat exchangers than on other parts of the furnace.

However, it's important to understand that manufacturer warranties rarely cover labor. If a part of your furnace fails due to a manufacturer defect or some other issue covered under your warranty terms, you'll typically receive a new part for free. On the other hand, the warranty may not cover the labor cost of installing that replacement part.

2. Installer Warranties

While manufacturer warranties typically cover parts, installer warranties will often cover labor. Note that installation contractors can offer wildly different warranties, so it's important to ask your installer what their warranty covers and how long you're protected. Some installer warranties may cover some or all of the labor required to install replacement parts covered by your manufacturer warranty.

Note that installer warranties also often come with certain stipulations. For example, you may need to follow a maintenance schedule to keep your warranty coverage. This schedule may include annual checkups, or you may need to provide evidence of routine maintenance, such as filter changes. As always, ensure you discuss these issues with your installer to understand your coverage fully.

3. Extended or Home Warranties

When installing new HVAC equipment, you may also have the option to purchase an extended HVAC equipment warranty or a full home warranty. Home warranties often cover HVAC equipment and many other aspects of your home. At the same time, installers sometimes offer specialized extended warranties that cover your new furnace, air conditioner, or other HVAC appliances.

Extended warranties can sometimes be worthwhile, especially if you're willing to pay a little extra upfront to ensure a completely trouble-free ownership experience. For more information, contact an HVAC contractor near you.