Product Overview: Consumer Products

Service Contracts or Extended Warranties for Consumer Goods and Electronics

AmTrust Warranty & Specialty Risk underwrites protection programs for a range of consumer products and electronics that are simple to administer and enhance customer loyalty. We cover risk through a variety of options including repair, replacement, or reimbursement for the products customers rely on most.


What Are Service Contracts for Consumer  Products?

A service contract, also known as an extended warranty can help protect the customer’s investment of the purchased product either alongside an existing manufacturer’s warranty or to extend protection beyond. 
Service contracts are sold separately from the manufacturer’s warranty, offering additional coverage options for a separate cost.

Many products and electronics today are expensive and could require costly repairs or replacement over their lifetime. Having a service contract can be beneficial to help cover future incidents like breakdowns and damage that could occur either during or after the manufacturer’s warranty.

Coverage for Consumer Products

AmTrust Warranty & Specialty Risk offers product protection programs for products and electronics either for consumer & commercial use that address issues such as:

  • Mechanical breakdown
  • Workmanship failure
  • Enhanced coverages such as accidental damage, food loss, power surge, and others
*Additionally, AmTrust also offers niche insurance coverage through filed policies for perils including loss and theft

Our consumer product service contract programs cover the following items and more:

Electronics and Personal Devices

  • Connected home (all devices connected to a router)
  • Consumer electronics and appliances
  • Computers, tablets, mobile phones 
  • Cameras, digital imaging, printers, etc.
  • Gaming systems

Personal and Home

  • Hardware, lawn and garden, power tools
  • Furniture
  • Hearing aids
  • Eyewear
  • Watches and jewelry


  • Fitness and sporting goods
  • Drones and robotics
  • Fishing gear
  • Camping equipment
Frequently Asked Questions About Service Contracts for Consumer & Commercial Products and Electronics
What are the benefits of service contracts for consumer products?
Service contracts for consumer products can lead to cost savings in the future. How to protect an expensive purchase is often top of mind for many consumers and business owners, as they want to ensure the item will last for the long term. Additionally, accidental damage is a major concern for many items, like smartphones and tablets, that could easily be dropped and broken. A service contract ensures that the out-of-pocket cost of repair or replacement will be covered or lessened. 
What is an example of a service contract for products or electronics?

One example of a service contract is as such: a consumer purchases a new TV from a big box store, and upon checkout at the register, the cashier asks if they’d like to buy a service contract plan to help protect the item above and beyond the original manufacturer’s warranty.

Are service contracts for products & electronics worth it?

Consumers might wrestle with the idea of whether or not buying a service contract is worth the cost. It’s important to keep in mind that a manufacturer’s warranty may only cover certain parts of the item, and they often will not cover accidental damage. For instance, a new laptop that falls out of a backpack, or a 3-year-old dishwasher begins to experience mechanical issues, events such as these create inconvenience and unexpected expenses for customers.

The manufacturer’s warranty may also end just a few months after purchase when the product is still relatively new and in good shape. The service contract offers consumers peace of mind that their expensive new item is protected for a longer term and covered for additional issues on top of what the manufacturer might offer.

Contact AmTrust Warranty & Specialty Risk for Consumer Products and Electronics Extended Warranties

To learn more about our extended warranty programs for consumer goods and electronic, please contact AmTrust Warranty & Specialty Risk today.