Advice For Buying an RV Extended Warranty
Hello, I've been reading the forum for about a year now and have just pruchased my first Diesel motorhome this week. Based upon what I have read in the past, I was all set on getting my extend...
Forum Discussion
1. I applaud you for thoroughly studying these "warranties" before buying.
2. This topic has been discussed so much that you will find literally hundreds of pages to read by using the search at the top of every page.
3. Extended "warranties" are really insurance policies that are very carefully written to exclude many common repairs. You should read the policy, not the sales brochure.
4. You should never buy insurance to cover anything you can afford to replace. Therefore, if you can afford a typical repair, you should not buy a policy.
5. These extended "warranty" companies, not being regulated, often conveniently go out of business after collecting lots of premium money without paying out many claims.
2. This topic has been discussed so much that you will find literally hundreds of pages to read by using the search at the top of every page.
3. Extended "warranties" are really insurance policies that are very carefully written to exclude many common repairs. You should read the policy, not the sales brochure.
4. You should never buy insurance to cover anything you can afford to replace. Therefore, if you can afford a typical repair, you should not buy a policy.
5. These extended "warranty" companies, not being regulated, often conveniently go out of business after collecting lots of premium money without paying out many claims.
