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25 people found this helpful
This is actually only a 4 year warranty.
on July 29, 2011
I recently purchased an LG LCD television and have been researching extended warranty options. I noticed that this warranty begins from the day you purchase your T.V. which didn't make sense, since the T.V. comes with a 1 year warranty at no extra charge.
So, you're actually only getting 4 additional years beyond the 1 year warranty that comes with the T.V. I phoned LG and asked them about this. They confirmed that the warranties sold on Amazon start with the date of purchase. The LG rep also explained that warranties sold on Amazon are non-renewable.
If you purchase your warranty through LG (via the LG website) the extended warranty starts after your initial 1 year warranty expires and you have the option of renewing your extended warranty. LG offers extended warranties up to 3 years plus the option to pay your warranty cost in three payments. Currently, the price for an LG Warranty, when purchased directly from the LG website, is around $60.00. As you can see here, the cost of the warranty offered on Amazon is around $112.00.
I'm going with the directly-through-LG option, it's simply a better deal.