Buy Extended warranty! Yes/No? Help!

[Campncouple]

We are looking at a 2002 Class A we have no history on the unit. We are thinking of purchasing a Extended Warranty due to the age and possible unknown problems that might come up. This warranty is costly and can only be issued for. 48 month period. We have heard so many different opinions . Have any of you purchased one and has it worked well for you in their willing to pay on most claims? I have checked on many and this one seems best. It is exclusionary with a consequential clause added.
Hard to know what to do..
Thank you.

[lj2654]

I did purchase a Good Sam Extended Service contract when I bought our 2001 Beaver Contessa. My cost was close to $2100 yearly which I paid quarterly at $526.

I had the coverage for three years.

I had three claims with the first being for my Norcold refrigerator cooling unit not working. The service center said they had used GS for many cooling unit replacements before. When they turned in the paperwork to Good Sam for the ok they turned it down ($1800 +). They requested pictures of the cooling unit that failed, at which time refused to cover as tubes were rusty. Ended up $2000 out of pocket.

Next was a few items I took coach in for. Air horns inop(solenoid), abs light on(replaced abs connection), they did cover these two items. I paid the $500 deductible and saved about $300.

I figured after paying in $6000 in three years and saving only $300 I would be money ahead just banking the $526 quarterly and use that for repairs. Makes more sense to me. I had given them $5700 already!

If you have a major issue and they cover it , great....but with all the exemptions and exclusions they are in control of what they are willing to cover, or not!

[dirt_dawg]

i brought a 2007 itasca with cornerstone 3 year warranty. already used it once. may have to again. deductible is 200 a visit one trouble or more.

[azdryheat]

My new trailer only came with a 1 year warranty so we bought an extended warranty for 2 years. The way these things break, I wouldn't be without one. Exclusionary is the way to go.