Think it is a preference deal. Companies make good money out of offering extended warranties. Over all, the percentage that they actually have to pay out on is pretty low so still gives a good margin of profit. If there was not profit in them would they offer them? Don't think so. I was always a big proponent of not getting the warranties as a waste of money. That was then and this is now. First off, not an appliance store worker or seller of warranties. Just an a standard consumer that hopes they have done the best they could with their kitchen. Still an issue that is up to you, but in OUR instance we put a warranty on everything we just purchased with the exception of the microwave we bought as it was less than $100 (another story there that I've posted elsewhere). Here is why WE changed our mind on warranties. Moved into a brand new home. Replaced the builder appliances not long after moving in. Put in new fridge, range, microwave and dishwasher. The microwave went out. Ended up paying an authorized service tech over $100 to tell me "yep it doesn't work" and list off a bit over $300 in repairs that we would have to pay that was not covered by what was left on the factory warranty. Not long after the ice maker started leaking into the ice bin and freezing everything into one solid lump. Took the ice maker out and it was in sad shape. Not covered and the price of parts then was quite high. We still have that fridge and have been using bag ice in the bin for what little we use ice since. Maybe not the ideal, but now the part price is fairly resonable we may replace the ice maker. Range, while family were visiting we were cooking a roast. Closed the door to the range as normal. Did NOT slam it or kick it up and let it go or anything of the sort. Just closed it normally as anyone would. Front glass shattered in a million pieces all over the floor. Price to fix $250 as manufacturer was not going to cover it. Luckily we called the appliance store and they, as a service, came out and replaced it for no charge. That was the only highpoint to the whole experience. All these appliances were less than 3 years old. So, long story to get to this point of our buying warranties on everything we just purchased for our latest kitchen redo. With most appliances only offering a year in which they cover everything parts and labour (varies by brand) we just did not want to chance it with the amount we were now spending on appliances. For a range, freezer, washer, dryer, drink fridge, wall oven we ended up paying $539 in warranties so everything is covered parts and labour for a full 5 years. Just a gamble either way. We paid out $539, but get it back and perhaps more if we end up needing it (includes replacement of entire item if repaired twice for the same issue). Sure, the companies could go belly up, but then as I said it is a gamble either way. If you don't buy the warranty then you are gambling that all is okay and that after the initial warranty period is over for each item that you will not have a problem with them. Way WE looked at it is sure we'd save the $500 we spent in warranties, but then with today's prices it would not take much to go wrong for us to spend that much to repair something or have to replace it. With $5000 in a range an extra $139 didn't seem much to spend to us. Written a book a usual (sorry to all), but probably the best thing to do is look at the items you are wanting to buy and read through and have the warranties explained in detail on each. Then make your mind up on if you want to purchase the extra warranty. Best of luck. Cheers

We've got the counter depth FD version of the fridge. The external water is OK, but slow--probably an ounce per second. I guess that's normal, but it's the first one we've had. If there was a choice, I'd probably take just the ice dispenser and forgo the water. But our water is pretty good from the tap anyway. I do find the cover of the internal ice dispenser tends to fall off if you're not careful. We've also had to play with the temp settings a couple of times when the water line froze up. I've been a little disappointed in the integrity of the bins, etc., a couple of them are cracked already after only a year and a half. I LOVE the bottom freezer style, we're able to keep the fridge so much cleaner when everything's eye level. The counter depth helps too, no more mystery science experiments hiding in the back. We got the french door because we thought it would give us better clearance with an adjacent angled cabinet, but truthfully I'd prefer a single door.

Extended warranties are a crapshoot. Generally if the thing doesn't break during the warranty period you're ok for a good while. On the other hand, with electronics in lots of the appliance the risk does go up particularly where heat is involved. You've been assuming that if something breaks you'd use the money you saved to buy a new one and the prices of things are way up now. I assume that the money I save on the extended warranties will go to a service call to fix the thing and overall I'm way ahead. The other advantage of not having an extended warranty is that you have the flexibility to call a reliable repair place to do the repair rather than being stuck with using whomever the extended warranty supplies - you should read the thread on A&E to see how bad it can get!

I bought a five year extended warranty for my LG stackable, washer and dryer. I always buy extended warranties and actually recently realize that I only purchased one warranty which ended up being covered only on the washer because I used it for the washer first. I had a water leak and when they came out to pull it out and see why it was leaking it was the hose and I was told that my warranty doesn’t cover the hose. I ended up having to pay $200 to have them replace the hose because I cannot pull the stackable washer and dryer away from the wall myself, when they came out to do the work, I also discovered that my dryer, which was a steam dryer had never been hooked up. However, I did purchase all the parts to hook up to steam dryer. I always wondered why there was never seem to be moisture in the dryer, but I just figured that was the way it was supposed to be, so long story short after contacting everybody under the sun because they sent me all over the place. I was told that since it’s been two years, they would not warrant the fact that the delivery and the installation team did not hook up my steam on my dryer and that I was responsible for that. So they have finally offered me $250 gift certificate. I have not been able to use the steam which I thought I was using for two years and now I have to try to find someone that can pull the washer and dryer out to hook up the water and the hose for the steam dryer, since my gift card only covers products purchased at Home Depot. I have to come up with the cash to hire someone to do the work. I have always bought my appliances at Home Depot and I have always bought warrantees at Home Depot but from this day forward I will never purchase any appliance from Home Depot. This was very disappointing.