A limited warranty is a guarantee provided by a manufacturer or seller that covers specific repairs or replacements for a product under certain conditions. This type of warranty typically specifies what parts or issues are covered, the duration of the coverage, and any exclusions. For example, a smartphone may have a limited warranty that covers defects in materials but not accidental damage. Limited warranties are important for consumers as they offer some protection against faulty products. However, it’s essential to read the terms carefully, as they often require the buyer to follow specific guidelines, such as registering the product or using authorized service centers for repairs.