Extended Warranties
Any info on who uses them, witch ones are better than others, and cost
Forum Discussion
We have an extended warranty through American Guardian Warranty Services/Compass.
It was written into the contract when we bought our 2007 Holiday Rambler so it was not an up front cash outlay for us. It is a 48 month, 50,000 mile warranty and is the highest repair coverage they offer. It also has tire replacement and GAP insurance should it ever be needed. The cost of it was $9,800.00. Our deductible is $100.00 per occurrence.
Now, since May of 2014 we have had the following repairs that were covered by the warranty:
Leveling jack replaced - they paid 1033.00
Stove top replaced - they paid 200.00
2 - yes 2 cooling units replaced in our Norcold 1200 Fridge First one they paid 2162.74. The second replacement the unit was still under the Thetford warranty. AGWS paid the $500.00 installation charge
Thermister replaced in said Norcold fridge - they paid 34.45
Air pod for the air break system - they paid 419.20
Radiator of Onan Generator replaced - see below
Reservoir tank for the leveling jacks replaced - these were done at the same time and they paid 1617.99
So are we ahead - no. They have paid out about 6,000.00 on repairs so far. We still have 16 months and/or about 20,000 miles left on it. Who knows what will go wrong between now and then.
The main thing that I am saying is that I would rather pay a few cents interest on the cost of the extended warranty which is a part of our monthly payment than to have all of these issues hit our pocket book when they happen. We don't regret having it.
It was written into the contract when we bought our 2007 Holiday Rambler so it was not an up front cash outlay for us. It is a 48 month, 50,000 mile warranty and is the highest repair coverage they offer. It also has tire replacement and GAP insurance should it ever be needed. The cost of it was $9,800.00. Our deductible is $100.00 per occurrence.
Now, since May of 2014 we have had the following repairs that were covered by the warranty:
Leveling jack replaced - they paid 1033.00
Stove top replaced - they paid 200.00
2 - yes 2 cooling units replaced in our Norcold 1200 Fridge First one they paid 2162.74. The second replacement the unit was still under the Thetford warranty. AGWS paid the $500.00 installation charge
Thermister replaced in said Norcold fridge - they paid 34.45
Air pod for the air break system - they paid 419.20
Radiator of Onan Generator replaced - see below
Reservoir tank for the leveling jacks replaced - these were done at the same time and they paid 1617.99
So are we ahead - no. They have paid out about 6,000.00 on repairs so far. We still have 16 months and/or about 20,000 miles left on it. Who knows what will go wrong between now and then.
The main thing that I am saying is that I would rather pay a few cents interest on the cost of the extended warranty which is a part of our monthly payment than to have all of these issues hit our pocket book when they happen. We don't regret having it.
