Go Back   iRV2 Forums > MOTORHOME FORUMS > MH-General Discussions & Problems
Join iRV2 Today

Mission Statement: Supporting thoughtful exchange of knowledge, values and experience among RV enthusiasts.
  This discussion is proudly sponsored by:
Please support our sponsors and let them know you heard about their products on iRV2
Thread Tools Search this Thread Display Modes
Old 08-09-2010, 06:30 AM   #15
Senior Member
SpursMVP's Avatar
Monaco Owners Club
Join Date: Jul 2010
Location: Ogallala, Nebraska
Posts: 374
Originally Posted by RickO View Post
Always a tough call. I think some of the critisism of extended wtys above is much more negative than the experience I've had with mine. Hard to assess "break even" because part of the benefit of owning one is the peace of mind it brings. That's exactly why this is always such a "controversial" topic.

Good luck with your decision.
Exactly. As a certified financial planner, my job is to review and evaluate risks for my clients. Sometimes buying insurance (auto, life, etc) is part of the recommendation. The concept of breaking even doesn't even count when we look at these RV plans because that's not the purpose of them.

The key here is that these breakdown policies do NOT fix everything and anyone thinking they do are either mis-taken or mislead. Here's the way I figure....if I pay $3,000 in premiums for 3 years (estimate) and the engine or turbo on the diesel goes out I made the right decision. This lets me go through several maintanance cycles with several different mechanics looking at it (location changes). During this time confidence in the used rig is built up and so does the slush fund. At some time (for me) I will drop the plan.

To brand all of these policies as part of the 'evil insurance empire' is silly. I too agree that I doubt any insurance company would share its profit breakdown with anyone. Just my 2 cents.

2001 Holiday Rambler Endeavor
330 HP Cummins ISC
2007 Dodge Ram 4 X 4 (Hemi)
SpursMVP is offline   Reply With Quote
Join the #1 RV Forum Today - It's Totally Free!

iRV2.com RV Community - Are you about to start a new improvement on your RV or need some help with some maintenance? Do you need advice on what products to buy? Or maybe you can give others some advice? No matter where you fit in you'll find that iRV2 is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with other RV owners, see fewer ads, upload photographs, create an RV blog, send private messages and so much, much more!

Old 08-20-2010, 11:45 PM   #16
Senior Member
swansnest's Avatar
Alpine Owners Club
Join Date: Aug 2005
Location: North Tustin, CA
Posts: 309
We are firm believers in an Extended Warranty. Our 2007 orphan coach just turned 4 years old and our original extended warranty cost us less than our claims. However, we were very disappointed in Good Sams CSP - as we had to jump thru so many hoops with each claim to get them paid - but most of the time they paid. We had the HWH Control Box computer needing replacement and the Surge Guard unit go out last Oct. Those were approx $2400 bills.

When the Insurance came up for renewal we elected to change to a 4 year plan with Go RV Warranty... which is with Allegiance CSI Care. We thought our coach was in excellent condition with 42k miles on it. However, within 1 month of taking out the new plan our Inverter has gone out. We are looking at another $2400 bill. This new Extended Warranty isn't jumping up & down to help us - and we still haven't gotten payment (job isn't finished!)- but we expect to ultimately receive payment.

The Swans
swansnest is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Extended warranty/ rv loan TUCSONRAIL iRV2.com General Discussion 20 06-21-2010 05:58 PM
extended warranty gp44 MH-General Discussions & Problems 3 06-01-2010 09:03 PM
Radiator Replacement and Extended Warranty Service Insurance Birddog Pilot Alpine Coach Owner's Forum 7 07-23-2009 07:27 PM
Extended Warranty for Newmar Dutch Star RoySher Newmar Owner's Forum 4 05-14-2009 09:09 PM
Interstate Star Extended Warranty Blue Ribbon MH-General Discussions & Problems 0 03-16-2009 02:21 PM

» Virginia Campgrounds

Reviews provided by

Our Communities

Our communities encompass many different hobbies and interests, but each one is built on friendly, intelligent membership.

» More about our Communities

Automotive Communities

Our Automotive communities encompass many different makes and models. From U.S. domestics to European Saloons.

» More about our Automotive Communities

Marine Communities

Our Marine websites focus on Cruising and Sailing Vessels, including forums and the largest cruising Wiki project on the web today.

» More about our Marine Communities

Copyright 2002-2015 Social Knowledge, LLC All Rights Reserved.

All times are GMT -6. The time now is 08:08 PM.

Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.