Protection Plan? Yes or No

Started Feb 23, 2013 | Discussions thread
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Peter Kwok
Peter Kwok Senior Member • Posts: 2,301
It is a good deal, for the sellers, not the consumers

Whenever I make any major purchase from a retailer (Best Buy, Sears, etc.), the salesperson spends more time selling the insurance than the item.  That is because they make more $$$ on the useless warranty.  It is a very expensive form of insurance.

That is the reason I will NEVER buy any extended warranty or insurance.

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Peter Kwok
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