The skinny on Extended Warranties
Lets share some info (not judgment). What plan do you have? Where did you buy it? What was the cost? (if we tell the truth here it will benefit many people. If we lie to make ourselves seem...
Forum Discussion
gemert wrote:
I have an extended warranty/service contract by Interstate. It's a Diamond policy that covers everything that is not excluded and all damage caused by a covered failure. Very few things are excluded. I've used it once so far with a 500 deductible and it saved about 1500 in labor and parts. I paid about 6K for it and I was tired of haggling so I did not negotiate the price even though I knew I could have. Just wasn't worth it at the time. The Coach is in the shop again and I'm sure I will pay another 500. Not sure of savings yet, we'll see.
Happy Camping!
So you paid $6k for the policy, another $500 in deductible, for $1500 in repairs, and another claim likely costing you another $500 of which the total bill is yet to be determined. So far you laid out $7k for $1500 return and are $5,500 in the hole.
