Extended Warranty vs. Repair Costs??

[Eric217138]

The other thing that I'm not clear on:

It has been said that shutter failure is considered 'wear and tear' and is not covered by the warranty as a manufacturers defect.

Is this true, or is this only true of a typical extended warranty plan which is seperate from Canon's 1-year?

• Eric

 

[Robert-Mike]

Considering current hourly rates and typical costs for an extended warranty... what could possibly go wrong with a digital camera that wouldn't cost more than $100 parts & labor to fix?.

The question you need to ask is not what it will cost to fix but will it break before the warranty runs out. Its really a matter of whether or not you feel lucky.

I've been lurking around the forums without posting for a couple
months now just trying to learn more about the DRebel before I buy
one.

The place I intend to buy from will extend Canon's warranty from
one year to three years for $99. This does NOT cover all kinds of
damage (i.e. dropping it, water damage not included). From what I
understand it just replicates Canon's warranty for an extra two
years.

From what I'm reading here, it sounds like the warranty is worth
the comfort it will give me. I hear of the occasional Err 99 or
shutter/mirror failure ~ 25k shots, and I'd rather have the peace
of mind that $1000 will keep me up and running for a long time.
Now to my question:

Without a warranty, how much are typical repair costs for common
failures like this? $100? $400? Just trying to determine for sure
if the warranty is worth it.

Thanks in advance!

• Eric

--
galleries at: http://www.pbase.com/cindy74

 

[Robert-Mike]

Shutters are not like brakes or tires on a car... it is not expected that the shutter will "wear out".... at least not within the coverage period of a warranty. I've never seen a camera warranty that specifically excludes the shutter.

The other thing that I'm not clear on:

It has been said that shutter failure is considered 'wear and tear'
and is not covered by the warranty as a manufacturers defect.

Is this true, or is this only true of a typical extended warranty
plan which is seperate from Canon's 1-year?

• Eric

 

[pjr.cc]

Dont suppose you'd mind me breaking into your house and nicking your camera do you??? it'd be nice to have a spare, cause my insurance aint that nice!

Paul

The big thing is that for items covered by the rider, there is NO
deductible. It's covered against theft, fire, loss, drop, etc.
The only thing not covered is if someone breaks into my car and
steals it - that would have to be covered by my auto insurance.
Also, being on a rider, if I make a claim it does NOT cause my
premium to increase the next time.

Oh, and that $1500 coverage costs ... $14.85 per year. It went up
slightly when I changed over from the old company.

Call your agent - you may be pleasantly surprised.

What is the difference in coverage between the warranty from Wolfs
and a homeowners insurance policy. How much is the Wolf warranty?

The wolf policy is priced per hundred. Check their website.

As for your homeowner's policy. Will it cover expensive camera
equipment that you drop in the sand? Don't know -- ask your
insurance provider.

What it does cover, there will be d deductable.

Lee

--
PJR - my gallery: http://home.pjr.cc/gallery

 

[jpm121]

Paul, you sound like my friend who wanted to work a deal where I'd "lose" my new laptop and he'd pay me a "paperwork filing" fee. Nothing like a little insurance fraud, eh?

Paul

The big thing is that for items covered by the rider, there is NO
deductible. It's covered against theft, fire, loss, drop, etc.
The only thing not covered is if someone breaks into my car and
steals it - that would have to be covered by my auto insurance.
Also, being on a rider, if I make a claim it does NOT cause my
premium to increase the next time.

Oh, and that $1500 coverage costs ... $14.85 per year. It went up
slightly when I changed over from the old company.

Call your agent - you may be pleasantly surprised.

What is the difference in coverage between the warranty from Wolfs
and a homeowners insurance policy. How much is the Wolf warranty?

The wolf policy is priced per hundred. Check their website.

As for your homeowner's policy. Will it cover expensive camera
equipment that you drop in the sand? Don't know -- ask your
insurance provider.

What it does cover, there will be d deductable.

Lee

--
PJR - my gallery: http://home.pjr.cc/gallery

 

[Lee Kuo Ann]

Canon just quoted me $400 singapore dollars (about US$230) to repair my partially spoilt G2. The G2 works in everyway except that afer pressing the shutter release, it hangs. They want to change the printed circuit board for the abovementioned price.

For my next digital camera, I will seriously consider buying insurance. My G2 is almost 2 years old.

Kuo Ann

Ericular wrote:
(snip)

Without a warranty, how much are typical repair costs for common
failures like this? $100? $400? Just trying to determine for sure
if the warranty is worth it.

(snip)

• Eric

 

[pjr.cc]

alright, i'll sweeten the deal, i'll flog it off on ebay, and give ya half!

on a more serious note, however, its been interesting reading this cause its given me reason to start reading all the fine print on my current home insurance...

Paul

The big thing is that for items covered by the rider, there is NO
deductible. It's covered against theft, fire, loss, drop, etc.
The only thing not covered is if someone breaks into my car and
steals it - that would have to be covered by my auto insurance.
Also, being on a rider, if I make a claim it does NOT cause my
premium to increase the next time.

Oh, and that $1500 coverage costs ... $14.85 per year. It went up
slightly when I changed over from the old company.

Call your agent - you may be pleasantly surprised.

What is the difference in coverage between the warranty from Wolfs
and a homeowners insurance policy. How much is the Wolf warranty?

The wolf policy is priced per hundred. Check their website.

As for your homeowner's policy. Will it cover expensive camera
equipment that you drop in the sand? Don't know -- ask your
insurance provider.

What it does cover, there will be d deductable.

Lee

--
PJR - my gallery: http://home.pjr.cc/gallery

--
PJR - my gallery: http://home.pjr.cc/gallery

 

[Dave Lewis]

I think I'm going to start doing this from now on. Well, I won't
literally put it in a box (as it will be better off collecting
interest in a bank) but I'll start taking note on how much I spend
on warranties and how often I actually use them.

Yep I used to think it was best to put the money in a savings account. I think it might be just as good to bury it in the garden now, the way interest rates are.
--
Dave Lewis

 

[TugBoat]

I have the following equipment.

3 film SLRs
2 digital camera
1 digital SLR.

and I know at least 10 people with digital cameras (point and shoot).

None of us had to send any camera back for warranty repair.

Fact is, I have computers, TVs, VCR, disc players, a lot of junk in my house. In the last 10 years, haven't sent a single thing in for warranty service after the manufactures warranty expired. When things break, they usually break within the first 3 months.

The money I saved probably paid for the drebel.

Maybe you should ask your friends how often repairs are needed.