Extended warranties and service contracts are essentially the same product with different names. "Service contract" is the technical legal term, while "extended warranty" is the marketing-friendly name most consumers recognize. Both provide repair coverage beyond manufacturer warranties with similar terms and conditions. Focus on coverage details, provider reputation, and service quality rather than terminology - the name matters far less than the actual protection you receive.

Warranty regulation varies by state and product type, with insurance-backed warranties regulated as insurance products and service contracts regulated by state consumer protection agencies. Federal oversight comes from the FTC enforcing consumer protection laws. Regulations typically cover mandatory cancellation rights, fair claim procedures, required disclosures, and marketing practice standards. This regulatory framework protects consumers through standardized rights and procedures, though specific requirements vary by jurisdiction.

Certified pre-owned (CPO) and extended warranties serve different needs. CPO warranties offer manufacturer backing and standardized coverage but typically provide limited duration and scope. Extended warranties offer greater flexibility, longer terms, and more comprehensive coverage options tailored to your needs. CPO warranties cover fewer potential problems but include direct manufacturer support. Compare specific coverage terms, duration, and total cost rather than focusing on warranty type alone.

Progressive warranty companies support right-to-repair initiatives that increase repair options and reduce waste. SureBright advocates for reasonable right-to-repair policies that balance consumer choice with service quality and safety requirements, believing that more repair options benefit everyone.