Extended Service Plan for older Class A

[Tom_in_Tulsa]

I am a new proud owner of a 2002 Monaco LaPalma. I take possession later this week and drive it back to Tulsa from Phoenix. The present owner is a retired Navy mechanic and can fix any thing and that coach is in great shape. But things can and will go wrong.

I was able to find an ESP from RV Solutions in San Diego.
Does anyone have any experience with them? Or any ideas on another ESP for an older coach? Thanks.

Bluegrass Boy heading out to a Bluegrass Festival.

[tropical36]

Sultan1966 wrote:
We purchased our 2008 almost 2yrs ago and got an extended warranty and have had over $7k in repairs. 2 Slide toppers, air conditioner seal on 1 of the 3 air units and the major repair that took over a week to fix.. an EGR cooler. Nothing was covered by extended warranty through Good Sam and neither them or Coach-Net covered the time in a hotel with 2 dogs as their “was no collision”.. just repairs and a week of
“downtime” waiting for parts/repairs.
We have since took out a $30k line of credit for repairs and annual maintenance, if needed.
We just got 8 new Michelin Energy 2 395x80Rx22.5 tires at $900 a piece (no thanks to FMCA), as the major East Coast RV repair facility refused to deal with their discount for some reason.
Next up 10 new Koni FSD shocks at $165 a piece (me buying online) and another $1,200 to install.
My point is these things cost money to keep up with, but to us it is our home as we live in it full time and love every minute of it.

As a guy once asked me..Do those things appreciate? My reply.. I appreciate the hell out of mine..they are moneypits bud...

WOW, $900 for a tire,...and over $100 for putting a shock on, WOW!

[Sultan1966]

Mr.Mark wrote:
Sultan1966, we had the exact same color Dynasty coach but with the Diamond IV floorplan. Your picture brings back great memories!

You bought 10 tires? Why the extra two?

We purchased our '08 in April of '07 and drove it just shy of 70K in 7.5 yrs then selling it in 2014. When we bought, we were offered a bumper to bumper warranty for $8,000. I took the brochure home it seem to cover absolutely nothing, so I said no.

Over the 7.5 yrs, we didn't spend near that in repairs (not counting regular maintenance).

Safe travels!
MM.

Have 10 shocks on the brain as they are next...yes only 8 tires..fixed post above. Thanks

[NCC-1701]

Sultan1966 wrote:

As a guy once asked me..Do those things appreciate? My reply.. I appreciate the hell out of mine..they are moneypits bud...

:B I'm going to use that one! I've had salesman use the term "investment" and I always respond with "Yeah...like the Stock Market when it crashes!"

As far as Extended Warranties, I'm also in the "self-finance" category. Had one extended warranty many years ago that paid virtually nothing the couple of times I had claims, which were actually quite minor in size. Just for fun, I did get a GS extended warranty quote when I bought my 2007 Journey 1 1/2 years ago...over $3K per year and that was with a $1K deductible. I'll just set that money aside and take care of things myself. These companies try to scare people in their ads by making it sound like you'll need a new engine, new transmission, new refrigerator, and a new heating system all in the same visit and apparently no repair, just replacement. And of course, they'll cover it all except for the deductible. A fairytale.

[moisheh]

Why would anyone go to an RV repair shop for tires?? BTW: They are 295/80's and I have never heard of anyone paying that price!! GS is the worst of any of the extended policy issuers. They look for any excuse not to pay. If you complain they pay.

Moisheh

[Mr_Mark1]

Sultan1966, we had the exact same color Dynasty coach but with the Diamond IV floorplan. Your picture brings back great memories!

You bought 10 tires? Why the extra two?

We purchased our '08 in April of '07 and drove it just shy of 70K in 7.5 yrs then selling it in 2014. When we bought, we were offered a bumper to bumper warranty for $8,000. I took the brochure home it seem to cover absolutely nothing, so I said no.

Over the 7.5 yrs, we didn't spend near that in repairs (not counting regular maintenance).

Safe travels!
MM.

[Sultan1966]

We purchased our 2008 almost 2yrs ago and got an extended warranty and have had over $7k in repairs. 2 Slide toppers, air conditioner seal on 1 of the 3 air units and the major repair that took over a week to fix.. an EGR cooler. Nothing was covered by extended warranty through Good Sam and neither them or Coach-Net covered the time in a hotel with 2 dogs as their “was no collision”.. just repairs and a week of
“downtime” waiting for parts/repairs.
We have since took out a $30k line of credit for repairs and annual maintenance, if needed.
We just got 8 new Michelin Energy 2 395x80Rx22.5 tires at $900 a piece (no thanks to FMCA), as the major East Coast RV repair facility refused to deal with their discount for some reason.
Next up 10 new Koni FSD shocks at $165 a piece (me buying online) and another $1,200 to install.
My point is these things cost money to keep up with, but to us it is our home as we live in it full time and love every minute of it.

As a guy once asked me..Do those things appreciate? My reply.. I appreciate the hell out of mine..they are moneypits bud...

[tropical36]

Tom n Jackie wrote:
Hi Doug...and thanks to all who have voiced their concerns. The contract is very exclusionary. Claims are easily denied esp if no satisfactory maintenance records are kept. Alot of reasons for denials. remember, insurance contracts are written for the benefit of the insurance company.
I also realize proper maintenance and related expense is in addition to the ESP.

I will self insure.
Now to read up on maintenance!
Tom

Wise choice and now to see who wins the proposed bet.
They, with betting that it wouldn't break down and with you betting that it would have.
Either way and for the long term, you'll come out ahead and especially with years of RVing.
Since 2004, I'd say we probably saved enough for taking a nice chunk off the cost of our last purchase, in 2016.

[Tom_in_Tulsa]

Hi Doug...and thanks to all who have voiced their concerns. The contract is very exclusionary. Claims are easily denied esp if no satisfactory maintenance records are kept. Alot of reasons for denials. remember, insurance contracts are written for the benefit of the insurance company.
I also realize proper maintenance and related expense is in addition to the ESP.

I will self insure.
Now to read up on maintenance!
Tom

[dougrainer]

Tom n Jackie wrote:
I know. What I was saying that I am not looking forward to replacing the tires at my own expense. They are truck tires--245 75R 22.5. I am not sure if i will self insure or go with US Warranty.

US Warranty is sending an inspector to the coach to check for driveability and pre-existing items. I will then know what needs to be fixed immediately before my drive back to Tulsa.(Take me back to Tulsa, I'm too young to marry...) The ESP is $800 per year for 5 years.

$800 per year for a 16 year old RV? Sorry, but that extremely LOW price would make me very reluctant to trust they would honor claims or they are excluding a LOT of items that other Contracts cover. Do you know if it is EXCLUSIONARY or INCLUSIONARY?
Inclu tells and spells out ONLY things they will cover
Ecclu tells and spells out everything they do NOT cover and everything else not excluded is covered. Doug

[Tom_in_Tulsa]

I know. What I was saying that I am not looking forward to replacing the tires at my own expense. They are truck tires--245 75R 22.5. I am not sure if i will self insure or go with US Warranty.

US Warranty is sending an inspector to the coach to check for driveability and pre-existing items. I will then know what needs to be fixed immediately before my drive back to Tulsa.(Take me back to Tulsa, I'm too young to marry...) The ESP is $800 per year for 5 years.

[2chiefsRus]

Tom n Jackie wrote:
The carrier i am looking at is US Warranty. Apparantly they are large, but they do EXCLUDE alot from the coverage on older models like mine. I like the idea of self insuring...except for the tires!

maybe I misunderstood what you meant, but the carrier is definitely not going to cover the tires or likely any damaged caused by a blown tire.

[Tom_in_Tulsa]

The carrier i am looking at is US Warranty. Apparantly they are large, but they do EXCLUDE alot from the coverage on older models like mine. I like the idea of self insuring...except for the tires!

[lj2654]

take to money and put it in a maintenance account. Thats how I do it. Then when the need arises I pull money from there for repairs. I also carry one low interest credit card with no balance and credit amount of $10K for any huge issues.

[DownTheAvenue]

An extended service plan is really an unregulated insurance plan. Many are written with so many exclusions and inspection clauses that they are worthless. Since they are unregulated, you are dependent upon the company to be fair and ethical. Before buying any plan, read the actual policy, not the sales brochure. Then research the company to satisfy yourself that they will not only be in business when you have a claim, but they will actually honor a claim.