View Single Post
Old 06-07-14, 08:02 AM
Senior Member
Looigi's Avatar
Join Date: Dec 2010
Posts: 8,950
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 12 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
An extended warranty is a lot like insurance. The few that benefit do so at the expense of majority that never do. That's how the providers make money. The key is analyzing your situation and your ability to cover a loss. If your situation is one in that you're significantly more likely to benefit than average, it might make sense. Also, if you couldn't afford to cover the loss and it's something that's necessary or its loss intolerable, it may be prudent.
Looigi is offline