Protection plans provide additional coverage and protection but have different terms and conditions.
So, knowing about the protection plan and what it covers is necessary before buying one, as some products are not eligible for the protection covers.
Lowes protection plan covers a wide range of products, but it also depends on the type of plan.
Some of the products that the Lowes protection plan covers are:
- Appliances
- Electronics
- Furniture
- Outdoor Power Equipment
- General Tool
It is necessary to remember that not all products are eligible for the protection plan. Also, the coverage and cost of the protection plan depend on the product and the coverage plan for the products.
Lowes Protection Plans for Products
The products for Lowes protection plan vary, as not all products are eligible. Some of the protection plans and eligible products are:
1. Lowes Protection Plan for Appliances
The protection plan for appliances is up to five years. The Lowes protection plan covers
- Accidental damages from handling
- Damage due to power overflow issue
- Any electrical or mechanical issue
- Any wear or tear
- Replacement Guarantee
Some of the products that are eligible for the Lowes protection plans are:
- Refrigerators
- Ranges
- Dishwasher
- Dryers
2. Lowes Protection Plan for Electronics
Lowes protection plan covers the eligible electronics for up to three years. The protection plan covers
- Accidental damages from handling
- Damage due to power overflow issues
- Any electrical or mechanical issues
- Wear and tear
- Replacement Guarantee
The eligible products vary according to the plan, but some of them are
- Audio system
- Computers
- Tablets
- Televisions
3. Lowes Protection Plan for Furniture
Lowes protection plan for furniture is up to five years. The plan covers
- Accidental damages for handling
- Stains
- Replacement Guarantee
Some of the furniture items eligible for the protection plan are
- Indoor furniture
- Outdoor furniture
4. Lowes Protection Plan for Outdoor Equipment
The Lowes protection plan covers eligible outdoor power equipment for up to three years. The protection plan covers
- Any electrical or mechanical issues
- Wear and tears
- Replacement Guarantee
Some of the items eligible for the plan are
- Chainsaw
- Hand tools
- Lawn mowers
- Power tools
5. Lowes Protection Plan for Tools
The Lowes protection plan covers up to three years. The plan covers
- Any electrical or mechanical issues
- Wear and tear
- Replacement Guarantee
Knowing the Lowes protection plan coverage for a specific product before buying it is necessary, as not all products are eligible for the protection plans.
Applying for Lowe’s Protection Plan
The general steps for applying for a protection plan for a product are:
1. Selection of a Product
When buying a product, it is necessary to check whether or not it is eligible for the protection plan. Customers can ask the store if they are not sure about the eligibility f the product for the protection plan.
2. Selection of the Protection Plan
Customers should choose the protection plan that is best suitable for them and cater to their needs.
3. Payment for Specific Plan
The cost for different plans and products varies, so customers must check the price before paying for the protection plan.
4. Activation of the Plan
Once a customer buys a protection plan for a specific product, the next step is to activate it by registering it and providing the required information like serial number, purchase date, etc.
5. Using the Product
After registering the product, the customer can use the product like any other product. The customer can file a claim if the product gets damaged, and the company will repair or replace the product.
Customers can also apply for the protection plan till 30 days after the purchase. They can contact Lowe, provide the information, and choose the protection plan they want to purchase.
Advantages & Disadvantages of Lowe Protection Plan
Lowe’s protection plan provides additional protection for a product that a company warranty does not cover.
Some of the advantages of the Lowe’s Protection plan are:
- Lowes protection plan provides additional coverage to a product if any accidental issues cause damage, and the company does not cover that damage.
- It saves customers from expensive repair costs.
- Customer who pays for protection plans for the products does not worry about repairs and other costs when there are issues with the product.
Disadvantages of Lowes Protection Plan are:
- It is an additional cost that a customer pays, and the plan cost for expensive products is high. Moreover, the length of the coverage period might not be suitable for the product.
- The Lowes protection plan might overlap with the manufacturer’s warranty, becoming an additional cost.
- The process for filing a claim and getting the coverage is time-consuming that needs a lot of documentation, proof, and follow-ups.
Conclusion
Lowe’s is a home improvement retailer that provides protection plans and additional coverage and protection for the products the customers purchase.
The protection plan covers accidental damages, electrical and mechanical damage, and normal wear and tear. Lowe will either repair the product or replace it.
Lowes protection plans are for various products, such as appliances, electronics, furniture, outdoor equipment, and tools.
It is important to remember that all products are not eligible for protection plans, and the coverage length also varies for different products.
It might be a good option for some customers, but on the other hand, for others, it is just an additional cost.
Frequently Asked Questions
What Kinds of Damages Does Lowes’s Plan for Protection Cover?
Lowe’s protection plan provides coverage for the following damages:
- Accidental damage from handling
- Power overflow damage
- Electrical and mechanical issues
- Normal wear and tear
- Replacement Guarantee
Why Are All Products at Lowe’s Not Eligible for a Protection Plan?
Lowe does not provide a protection plan for all the products at the store. The reasons are:
- The lifespan of the products might not be enough for a protection plan.
- Products with low cost.
- Some products are more reliable and come with a good manufacturer warranty, and there is no need for other coverage plans.
