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When looking at various insurance plans, you may want to learn about the Ryobi drill warranty. When you purchase a new drill or tool from Ryobi, you also get a robust manufacturer’s warranty that typically lasts three years, though this depends on the type of product you purchase and whether you use it for home or business use. These manufacturers’ warranties handle basic manufacturing errors, similar to a Klein Tools warranty.
Yes, Ryobi offers a limited manufacturer’s warranty of three years for the vast majority of its product line, just like a standard Harbor Freight warranty, as long as it’s not used for commercial purposes. In other words, if you use your Ryobi drill for your business, the warranty only lasts for 30 days. This is a standard limited warranty that exists to cover issues related to material defects and poor workmanship, in addition to other manufacturing plant problems. These warranties do not cover accidental damage, normal wear and tear, or anything like that.
You have some time to make a decision regarding an extended plan, so you don’t have to purchase coverage at the same time you buy the drill.
The good news is that three years is a pretty decent amount of time for a power drill warranty. The bad news is that these are only manufacturing warranties, so they do not cover accidental damage, normal wear and tear, or theft. Luckily, there are some options when it comes to amping up your coverage.
Ryobi is one of Home Depot’s house brands, along with Ridgid. This means that any Ryobi product is eligible for one of Home Depot’s extended warranty or insurance coverage plans. Home Depot offers a diverse array of these plans to cover just about anything that could go wrong with a Ryobi drill or tool throughout the entire lifetime of the product. This additional coverage does accrue an additional fee, but the actual cost varies depending on what you are covering and what type of coverage you are looking for. You can simply extend the length of the initial warranty, or you can throw on legitimate insurance.
If you don’t want to go with Home Depot’s in-house insurance provider, choose a third-party option to increase coverage. There are plenty of companies out there that excel with insuring power tools, along with extending any pre-existing warranty. Contact a few companies to compare quotes, and make sure to read the fine print before you sign anything. Also, hold onto the receipt and warranty card, just in case you need that down the line.
STAT: The Ryobi Seisakusho Co., Ltd. was founded in Japan in 1943 and began selling die-cast products in 1944. (source)