What to Look Out for in Your Elevator Warranty

Elevators are one of the greatest inventions in the world, as they allow you to ascend tall buildings without exhausting yourself. However, there’s also some level of risk involved. According to studies, there are roughly 17,000 people injured every year due to accidents involving elevators.

Many of these accidents are caused by failure to maintain the elevator, defective doors, or faulty wiring. As such, it’s important to get an elevator warranty to help keep it functioning properly and avoid potential lawsuits.

Here’s what to look for in an elevator warranty and how it works.

What Is an Elevator Warranty?

Like other types of building warranties, an elevator warranty protects the owner in a variety of different ways. It helps cover the cost of repairs and regular elevator maintenance. In the case of an accident or malfunction, a manufacturer’s warranty may take some of the legal responsibility away from you.

More often than not, elevator warranties are geared toward repairs and maintenance and do not cover a replacement. Despite that, it’s essential if you plan to install an elevator, even if it won’t see regular use.

What Does an Elevator Warranty Cover?

Every elevator warranty will offer different types of coverage for different amounts of time. It’s important to speak with your contractor to figure out the contents of your warranty.

First, what is the effective date and duration of the warranty? There should be a specific start date and end date for your coverage. It should begin after the final inspection by a certified inspector, and the coverage usually lasts at least a year.

Ideally, the warranty should cover or at least lower the cost of repairs. Commercial elevator services such as elevator maintenance and the cost of parts and labor should also be covered.

There may be exclusions to your warranty, such as damage from natural disasters or misuse. It’s also unlikely you’ll get complete coverage for a new elevator if you need it replaced.

Finding Elevator Repair and Maintenance

Before your elevator guarantee runs out, you’ll need to come up with a plan for continued elevator upkeep. If your elevator system fails and you don’t have coverage, then you’ll be responsible for all of the repair costs.

The best elevator maintenance contract you can get is an all-inclusive one. Your service provider not only assumes all responsibilities for repairs and maintenance, but they’ll also be on call for emergencies.

Choose your elevator company based on experience and availability. You can never predict when an elevator may break down, and the last thing you want is a tenant spending all night trapped inside one before you can get help.

Get 24-Hour Commercial Elevator Services

Without an elevator warranty, it’s hard to tell when an elevator is going to develop problems. If you don’t keep up with maintenance, an elevator accident can result in serious injury or worse for your guests.

Keystone Elevator offers services in installation, repairs, maintenance, and more. We operate in Massachusetts, Rhode Island, New Hampshire, and Maine. Contact us to learn more about how we can help you.