Extended warrantys (service contracts)

[jimlin1]

Don't see any new forum discussions with reference to the above topic. Just bought an '06 HR Endeavor and am considering getting a plan to cover it. Any thoughts about which co. to consider, which one(s) to stay away from or, perhaps, to "self-insure"?

[padre44]

I've seen plenty of discussions about these - both pro and con. I don't use them - they are a money making item for the sellers. I have used them in past for autos - seem to not cover what goes bad. Some folks like the security they offer. Maybe others can recommend good ones if you decide to go that way.

[codgerbill]

I purchased an extended warranty when we purchased the coach we now have. The company is called Cornerstone. We had a duct problem with the basement air unit. The basement air is located on the passenger side rear compartment with the duct running up between the rear inside wall and the outside fiberglass cap. The duct was split open due the factory tape coming loose. It is almost impossible to do a repair with the location of the problem I had without removing the rear fiberglass cap. The rear cap of the coach had to come off. The total cost of the repair was $1940.00 and all I had to pay was my $100.00 deductible. The cost of the extended warranty was not much more than the cost of the just completed repair.

[TXiceman]

http://www.irv2.com/forums/search.php?searchid=1718033

Link shows plenty of discussions on service contracts, exxtended warranty, etc.

Ken

[golden]

Quote:

Originally Posted by jimlin1 Don't see any new forum discussions with reference to the above topic. Just bought an '06 HR Endeavor and am considering getting a plan to cover it. Any thoughts about which co. to consider, which one(s) to stay away from or, perhaps, to "self-insure"?

Most, especially those who don't have one (service contract) or have have had one, will recommend that you "self-insure". I'm not a mechanic and don't have a great deal of money so for my peace of mind I use ACC.

[Gary RVRoamer]

It's an insurance policy for major repairs. You buy it and hope you don't need it, but when you don't need it you complain about the wasted expense of the premiums. But if you do need it, you are thankful you have it - usually.

But it is a very complex insurance policy, full of exceptions and loopholes that most of us don't begin to understand until we get a "Claim Denied".

Read the numerous other threads on this subject and make up your own mind.