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More Americans Buying Extended Warranties

A new survey finds most consumers view extended warranties as a good deal. According to the survey of 1,000 consumers in November, Almost 5 in 6 consumers who have purchased extended warranties are satisfied with their decision.

Why? Because Americans want to sleep though the night. 71 percent say it’s worth paying a little more not to have to deal with the hassle of repairs. Tim Meenan, Executive director of the Service Contract Industry Council, says: service contracts, now available for everything from home theaters to home air-conditioning units, covered more than 95 percent of claims in 2012.

That’s exactly why New Leaf entered this growing market: to provide customers a service contract they trust and a responsive repair warranty that they can count on. Look for the New Leaf logo wherever you shop and know you have the best coverage in the industry.

Want to learn more about why more Americans are saying ‘yes’ to extended warranties?

Read more of Tim Meenan’s article here.