Guys - sorry, but this is going to be a bit contrary. It is what it is.
My personal view on the world is:
1] If there is a powered tool/gizmo/whatever that I expect a Lifetime Warranty to be needed, I buy a different one.
2] I never buy powered tools from a BORG - except one time - I bought the Rigid belt/spindle combo sander from THD. I had a commission for outdoor garden entrance / fence/arbor that needed it. I only required the thing to last most of the way through that project to make it pay off. It did that, and more - has worked just fine, to be honest.
If the warranty will be necessary, then spend more and get a better tool is my approach.
Absolutely no disrespect to those who's approach is different. Just sayin.............
When I started woodworking, I didn't know squat. I have progressed in 30 years - now I do know squat.