Sears warranties are offered in three different programs: Sears Master Protection Agreements, Sears Repair Protection Agreements and Sears Purchase Protect. A Sears Master Protection Agreement guarantees coverage for appliances, TVs, electronics, tools and fitness and sports equipment, while a Sears Repair Protection Agreement provides coverage for water heaters and power lawn equipment as of 2015. Sears Purchase Protect offers protection for more everyday items such as vacuums and floor care tools, electric lawn and garden equipment, power hand tools, small kitchen appliances, bicycles, luggage, portable electronics, toys and game consoles, notes Sears.com.
A Sears Master Protection Agreement requires no deductibles or fees for unlimited service, annual preventative maintenance, a replacement guarantee and a no-lemon guarantee that replaces a product if it requires more than three repairs within a year. This warranty also includes food loss reimbursement in the event of a refrigerator or freezer malfunction, states Sears.com.
A Sears Repair Protection Agreement also offers no fees or deductibles and a replacement guarantee. It also offers a 25 percent reimbursement on consumable parts such as blades and filters, technical assistance and a service promise that provides lawn care or snow removal in the event that a covered lawn mower or snow blower needs repairs that cannot be fixed during a technician's first home visit.