Extended service (Good Sam) lesson learned
Sometimes it pays to do the math. I have figured out that I have paid GS Extended service plan over 25,000 dollars in premiums. They in turn have paid out approximately $3000 in claims, $2000 of whi...
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I always pay cash for everything. Eliminates banks requiring full coverage insurance. I do carry full coverage on my RV mainly because to many ways to damage it that I can’t fix. Never bought any kind of service contract or extended warranty on anything. At my age if it breaks and I can’t fix it or get it fixed I have saved enough money to buy a new one from what I have saved by not wasting money on those kind of programs.
