Home Depot Protection Plan (coverage, how it works, timeframe, etc.)
Many products, such as tools and appliances, are prone to damage in the event of an accident or even after prolonged use, so it’s important to have a protection plan for your belongings.
So if you buy anything from Home Depot, you might be wondering – what is Home Depot’s protection plan and how do you get it? Here’s what I learned through research!
Home Depot Protection Plan
Home Depot’s protection plan covers major appliances (refrigerators, cooktops, dishwashers, washing machines), power tools, electronics, and holiday decorations. The plan primarily covers electrical or mechanical failures and wear and tear. After a claim is filed, Home Depot will work to repair, replace, or reimburse the customer for the price originally paid.
If you want to learn more about what a protection plan covers, how to file a claim, and how long Home Depot’s protection plan lasts, keep reading!
How does the Home Depot Protection Plan work?
When you purchase an item in any of the categories below, you will receive a standard manufacturer’s warranty and the option to purchase a Home Depot Protection Plan for your item (ranging from $3 to $500, depending on the product).
When buying from HomeDepot.com, you can add or apply a protection plan to your cart in-store.
With this protection plan, you can have peace of mind that your items are protected, so you don’t have to worry about the cost of repairing or replacing them.
What does the Home Depot Protection Plan cover?
The Home Depot Protection Plan can be applied to the following products:
- major appliances (e.g. dishwashers, refrigerators, electric and gas dryers or stoves, top-rack microwave ovens)
- Lawn mower
- Power tools (such as drills, chainsaws, sanders, and grinders)
- water heater
- grill
- dynamo
- Small appliances (such as portable air conditioners, portable heaters, microwave ovens, and air fryers)
- household appliances
- smart home
- electric equipment
- fireplace
- holiday decorations
What does the Home Depot Protection Plan cover?
Several items sold by Home Depot offer protection plans, each slightly tweaked to suit the needs of the device.
Under these plans, the items listed above cover mechanical and electrical failures as well as failures due to wear and tear or other internal errors.
Plus, the Protection Plan offers expedited repair or replacement, surge protection, easy online claims, a “no lemon policy,” free pickup, and more with shipping on oversized items.
Note that Home Depot will not charge additional fees if you decide to hand over your plan to a new owner.
What is the time frame for the Home Depot Protection Plan?
The time frame for a Home Depot Protection Plan varies by product. Under the Major Appliances Program, major appliances are covered for 3-5 years.
At the same time, after the manufacturer’s warranty period ends, the general merchandise plan can also provide an additional 2-3 years of protection for low-value items.
Additionally, if you forget to purchase the plan or change your mind about purchasing the plan, you can purchase or cancel the protection plan within 90 days of purchasing the product.
Do you need a receipt to use the Home Depot Protection Plan?
If you lose your receipt, you will not be able to claim your coverage. All protection plan claims require you to bring your store receipt as proof of purchase.
However, there are ways to safely store your receipts.
First, if you lose your receipt, there’s a chance a Home Depot employee can find it in the system.
To do so, purchases must be made by credit card, debit card or check within 30 days of purchase.
Or, if you have an online account with Home Depot, you can save the receipt in your account for future reference when creating a protection plan.
According to the Home Depot Protection Plan FAQ, you can use the “Store My Receipts” feature to keep it safe.
How do you file a claim under the Home Depot Protection Plan?
Claims under the Home Depot Protection Program can be filed online and the process only takes a few minutes.
Continue through each step by disclosing information about the problem you are experiencing.
You can also track your outstanding claims and view their progress and manage your protection and claims through this website.
Is The Home Depot Protection Plan Worth It?
Whether a conservation plan is worth it comes down to personal preference.
There are pros and cons to both, as you can still get a manufacturer’s warranty even without a protection plan in place.
With 21 protection plans in the $3 to $500 price range, there’s still plenty to choose from, so you’re not locked into one one-size-fits-all deal.
Plus, these protection plans don’t have deductibles like most home warranty companies do.
Home Depot’s protection plans are also transferable between the old and new owners of the item.
So if you’re selling a covered product you can call 1 800 466 3337 and start the process of closing to the new owner, which can be a great selling point if you’re looking to sell a used appliance.
Keep in mind that many customers suggest that protection plans are more cost-effective when insuring individual items.
If you’re looking to insure a lot of equipment, you may be looking for a plan that offers more comprehensive coverage.
After learning about Home Depot’s protection plans, you can also read our related articles on Home Depot Program Loans, Home Depot Appliance Warranties, and Home Depot Return Times.
in conclusion
The Home Depot’s Major Appliance and General Merchandise Protection Plan covers several items within the Home Depot range, including repair, replacement, and reimbursement for most of these items.
Prices vary by plan, however, you must keep your receipt and purchase the plan within 90 days of purchasing the item.
The duration of these protection plans can vary from 2 to 5 years, depending on the product and plan you choose.
