Forum Discussion
n7bsn
Mar 18, 2014Explorer
The firm behind them is actually "new" to RVs, but "old" to cars/pickups.
The buyer is paying for this "forever" warranty, the insurer is making money. Which means the insurer is taking in more in payments then it is paying in claims.
My Grandfather, a self-made millionaire (years ago, when it was tough) said
"Never insure something you can afford to fix/replace.
Always insure something you can't"
The buyer is paying for this "forever" warranty, the insurer is making money. Which means the insurer is taking in more in payments then it is paying in claims.
My Grandfather, a self-made millionaire (years ago, when it was tough) said
"Never insure something you can afford to fix/replace.
Always insure something you can't"
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