Extended Warranties

[pjberny5]

New to the RVing world. Recently Purchased a new Heartland Bighorn 5th wheel. Are the extended warranties worth the money for a 5th wheel or simply a pain and not worth the money.

Does Anyone have any exspierence with Good Sam Warranty Plans or with a company called Wholesale Warranties which is trying to push a warranty from FIRST EXTENDED SERVICE CORPORATION, CHICAGO, IL.

Does anyone have any expierence with FIRST EXTENDED SERVICE CORPORATION.

[MrVan]

richfaa wrote:
Our 5th wheel is in now for the replacement of two holding tanks that our G.S extended warranty is paying for. That is going to be a bunch of $$$.

Didn't you have 5 tank failures on the 3400RL?

[Greentreena]

I think its a personal choice. Roll the dice and you could win or lose. My RV fridge was $1900 to replace and it was 5 years old. Fortunatly the wife talked me into the extended warrenty which was less than the cost of the fridge.

[richfaa]

Our 5th wheel is in now for the replacement of two holding tanks that our G.S extended warranty is paying for. That is going to be a bunch of $$$.

[ReneeG]

We have a 2011 Heartland Bighorn 3055RL Fifth Wheel that we purchased new in 2010. We haven't had any problems with it, but as a safeguard, we just bought the Good Sam Extended Warranty with the slide out room add-on. For us, since we are keeping ours for some time, the warranty is worth it. Time will tell if we ever use it or if it's worth it. We got a quote from Wholesale Warranties and the fact that we do not full time, we camp occasionally, decided against the $1K plus price. Good Sam was more affordable and they are on track with their customer service.

[pjberny5]

Purchase of the extended warranty would be for when the Manufactures warranty has exspired.

[paulcardoza]

Well, most insurance policies are for catastrophic coverage, such as life insurance, homeowners insurance, health insurance. Auto insurance is mandatory in most states.

EW's however, are for much less that catastrophic coverage, except in some rare situations. And it's totally optional.

richfaa wrote:
Why do we feel we have to get our Money back on a Extended warranty. It is like a insurance policy and how many insurance policies do we get our money back on??

[richfaa]

Why do we feel we have to get our Money back on a Extended warranty. It is like a insurance policy and how many insurance policies do we get our money back on??

[dennisgt60]

I did purchase an extended warranty on my new trailer. This is my first RV.

Have never purchased an extended warranty on any other product/service before now.

[kennethwooster]

I use to always buy it. I have owned alfa, and Quantum by Fleetwood. Both brands had problems. Yes I used it but never got my money back. When I bought my 2011 Cameo I did not get extended ins. I knew they unit was built well. I have not had a big repair bill with this unit. I did have some big ones with the Fleetwood's but still didn't get enough.

[MPI_Mallard]

Take a hard look at what they cover and do not,you'll be VERY surprised, I don't think there worth the money

[paulcardoza]

To buy or not to buy is a highly personal decision. I always ask one question:

If you have a major failure, will you be able to cover the cost of the repair, or will your rig be un-usable while you continue to pay on your RV loan?

In a FW, a refrigerator replacement is a $1500-$2000 job. That's probably one of the biggest single item repairs you could face. Of course, other multiple problems could add up to more than that. With a new rig, the chances of you recouping the cost of the policy in claims is very slim.

EW companies are VERY profitable. That only happens because they pay out far less in claims than they take in in policy sales.

When we had our DP, I had no prior experience with them and the thought of a $15,000 engine or tranny replacement was daunting, so we bought into a 2 year EW. After learning more about the coach and becoming more comfortable with it, we did not renew.

Now, we just traded for a Cyclone TH (new) and have no plans to get an EW. but that's just us..... You have to decide for yourself. Eyes open and educate yourself on these policies. READ & UNDERSTAND THE FINE PRINT!

[B_O__Plenty]

If you never heard of the company...would you trust buying your health insurance from them? Same would apply to an extended warranty...What makes you think you will need it?

B.O.

[gbopp]

Extended Warranties

Extended Warranty

[the_bear_II]

Go to www.rv-dreams.com there is a good explanation regarding pros & cons of extended warranties.