posted on
November 10, 2009 at 06:04AM
In response to
SHC-Martina's post from
October 26 2009 09:18AM
SHC-Martina said…
We alwauys get the protection agreements on all our electronics - I thought we are crazy to do it until our TV went down - what a blessing we had it...
Let me be the dissenting voice, and let me repost an earlier post from another thread.
Read Consumer Reports and find the most reliable brands to buy to begin with (and while you're reading Consumer Reports, read their article saying buying extended warranties is a bad idea to begin with). Once you've got the (reliable) brand you want to buy, next get a credit card (Mastercard or Visa) that doubles your warranty for free (the vast, vast majority do already - for free!). Once you've got a good, reliable brand and a warranty-doubling credit card, you're all done!
Warranties are a HUGE profit center for those selling them. The vast, vast majority of people never have a claim (or never have a claim honored). Don't spend extra $$$ for a warranty you will, most likely, never need.