Noel
Southern Oregon
Senior Member
Joined: 08/01/2002
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Good Sam RV Club Member
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You would want an Exclusionary policy. Everything NOT covered is listed. Anything not listed IS covered. (With maintenance/trim/glass excluded). See if the policy mentions Consequential damages, could be a plus.
Get a sample copy of the policy and read it 5 times. Look on last page to see who are the insurance companies involved. Go to www.weissratings.com to check their solvency. Do NOT use S&P, Fitch or the other two shills.
My guess is that the dealer paid $1500 for the contract. You can bargain down.
See if you can make monthly payments in lieu of an entire up front payment. Might come in handy if things go sour.
What is the name of the service contract administrator?
Noel
2003 National Dolphin LX 6335, W22, 8.1L
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VE3ESN
Ontario, Canada
Senior Member
Joined: 03/08/2002
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FYI, dealers refer to these extended warranties as "ADP", or "added dealer profit".
Caveat emptor, as others have stated; i.e. make sure that what you believe to be covered is ACTUALLY covered, should you decide to go with it.
Jerry & Susie
1996 Roadtrek 190 Versatile (Dodge 5.2 L)
FMCA F390585
Trees are being destroyed through the transportation of invasive insects and diseases in firewood. For more information, please visit www.dontmovefirewood.org
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