Question on Extended Service Plan Exclusions
DW and I are getting ready to purchase a new motorhome. Dealer talked to us about adding an extended service plan. I realize there are those on both sides as to whether or not they are worth the dol...
Forum Discussion
I'm no fan of after-market warranties anyway, as soon as you file a claim, the warranty company spends lots of time figuring out a way NOT to pay it, but this one even has a 'get out of pay card' in that last paragraph.
AND, many of the companies got belly up for a lot of different reasons, like paying the administrators salary instead of paying claims. Then, bankruptcy court takes over. Remember, these warranties are more like insurance policies, and insurance companies are in business to make money. So, continue to do your homework before you decide ... some are good, some are not so good, and it's on the buyer to figure out the difference, not the salesman.
Correct above, for sure -- if you do decide on one, make it begin AFTER the Mfgr warranty ends.
AND, many of the companies got belly up for a lot of different reasons, like paying the administrators salary instead of paying claims. Then, bankruptcy court takes over. Remember, these warranties are more like insurance policies, and insurance companies are in business to make money. So, continue to do your homework before you decide ... some are good, some are not so good, and it's on the buyer to figure out the difference, not the salesman.
Correct above, for sure -- if you do decide on one, make it begin AFTER the Mfgr warranty ends.
