A warranty program is a service offered by manufacturers or retailers that guarantees the repair or replacement of a product if it fails due to defects in materials or workmanship. These programs typically cover a specific time period and may include terms and conditions that outline what is and isn’t covered. Consumers can benefit from warranty programs as they provide peace of mind and financial protection against unexpected repair costs. Common examples include warranties for electronics, appliances, and vehicles, which often vary in length and coverage options, such as limited warranties or extended warranties.