Here is the warranty information. Don't let the 2 year term scare you away, the Hobie service is TREMENDOUS. There are many examples of Hobie improving the design of their boats and offering their existing customer's free upgrades. I can think of two such instances off the top of my head. The Adventure Islands had a free Rudder Up Down system that was improved after a year or two, all boats were upgraded for free. Most recently, the Tandem Island was proven to have a rudder issue that wasn't working perfectly for all owners, so Hobie has redesigned the entire system and offered it as a free upgrade to all existing users.
They stand behind their products even beyond the warranty.
Warranty info below.
http://www.hobiecat.com/support/articles/hobie-kayaks-limited-warranty/