6 min read Tips

How to Never Lose a Warranty Claim Again

Americans throw away $16 billion in unused warranties every year. Here's the simple system that makes sure you never miss another claim.

The Hidden Cost of Forgetting

Think about the last time an appliance broke. Did you know immediately whether it was still under warranty? Could you find the receipt? Did you remember where the warranty card was?

If you're like most people, the answer is no. And that moment of uncertainty is costing you real money. According to consumer research, the average American household loses approximately $340 per year to warranties they paid for but never used.

Why Spreadsheets Don't Work

Some organized people try spreadsheets. It works for a week. Then you buy something new, forget to add it, and the spreadsheet becomes another abandoned project. The problem isn't your discipline—it's that spreadsheets weren't designed for this.

You need a system that takes less effort than doing nothing. That's the bar. If adding a warranty takes more than a few seconds, you won't do it. If checking your status requires opening a file and scrolling, you won't do it. The system has to come to you.

The 3-Step System

Here's what actually works:

  1. Capture at the point of purchase. The moment you buy something, scan the barcode or snap a photo of the receipt. This takes 5 seconds and captures everything you need.
  2. Let the system track deadlines. You shouldn't have to remember when warranties expire. Set it and forget it—literally.
  3. Act on reminders, not memory. When you get a notification that a warranty is expiring in 30 days, you have time to inspect the product and file a claim if needed.

Real Numbers: What This Looks Like

Let's say you own 20-30 items with active warranties (most households do). On average, 2-3 of those will have issues during their warranty period. If the average repair costs $400-600, that's $800-$1,800 you could recover simply by filing claims on time.

Contrast that with a warranty tracking tool that costs less than $5/month. The math speaks for itself.

Getting Started

The best time to start tracking warranties was when you bought your first appliance. The second best time is today. Start with your most expensive items—electronics, appliances, and anything with a receipt you can still find. Work backwards from there.

Most people are surprised to find they have 10+ active warranties they'd completely forgotten about.

Ready to stop losing money?

Start tracking your warranties in 60 seconds. Free forever for up to 5 items.

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