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

I had a horrible experience here in Canada with Cemrco Home Depots extended warrenty plan. will keep this as short as possible but may write way more than I should cause I am still angry over the way that I have been treated and am still being treated by Home Depot and their outsourcing to other companies to deliver merchandise and cover the extended warranty. It started wth the washer on a washer dryer combo breaking down. It took three weeks to get the first repair person in the door after taking several days off work to have it serviced. After that it took another 4 weeks supposedly to have parts ordered to fix the appliance. The parts arrive but because of holidays the repair person is on vacation. When scheduled to come in the repair person's technician's truck breaks down. The main repair person promises to come the following day. He apparently has a heart attack. His wife arranges for another technican to come in on the sturday He comes in and does not have all the parts. He shows up on the moday and cannot get the machine started but tell us to wait a half hour and it should reset. He leaves. We wait the time and try it it does not staert. I call for the 25 time to cemerco. I state the machine is not working They say they need to contact the technician who tells them it is working. I complain to home depot the following week and get a call from comerco that they will replace the unit. It takes time for me and my wife to schedule time off to go to home depot to reclaim the credit. Comerco needs to be open and their hours are 8am-5:30pm. This is my four day off work. Comerco is closed for a provincial holiday. the service counter help says that he will give it to the supervisor to look after. My wife shows up the next day to pay for delivery and the old unit to be taken away and the supervisor knows nothing of this and says she and I need to show up in the prescribed hours. She gets pissed but gets things resolved. To rub salt into the wounds the day the new appliance is to be delivered it does not show up. Moral of my story if you live in Canada do not buy from Home Depot.

@rpsinfoman, that's exactly the point. Everything I've said is just my opinion. It doesn't include a million dollar research budget, or extensive testing... All of my opinion is just based of my thoughts of using their washing machines. I wouldn't say LG, is the worst washing machine in the world. And any machine will clean clothes to some level. However... If I was buying a machine for my family, I'd go with anything but a LG based off what I've seen from using one. Nothing can frustrate someone more, than a washing machine that constantly fills with Cold Water for at least 1/4 of a cycle, no matter what temperature is selected. Or... A machine, that can cause massive cotton pilling by using a Permanent Press cycle for a load of T-Shirts. Or... A machine, that somehow manages to drip water into a fabric softener dispenser, causing it to dispense into the main wash. Honestly. I bet a lot of people are more than happy with there LG Machines. Most people could care less about the Launduring Process, and simply set the machine and walk away... Never observing what's happening. I think 99.9% of the LG Owners probably fit into that mold. And that's fine. Laundry is a chore for most people, and they couldn't care how the final result is. But.... If I was purchasing a machine to clean clothes for my own family. I'd avoid the LG if I could. I have higher standards than most. I just wouldn't want one. I know I probably sound spoiled saying that... But I think they are inferior to other brands. From time to time at Lowes... A 2.2/3 Cubic Feet Whirlpool or Frgidaire front-loader will appear. I always tell myself... I bet those do a pretty damn good job. They remind me so well of Asko & Miele machines. That's what I'm talking about. You don't have to spend a million bucks for quality. It's out there, but... In my mind, LG isn't it.

Yes! My four-year-old induction range is acting up. The largest (and most used) hob will only work sporadically. Started this about about a week after I had to put in a new control board in the French door fridge for the tune of about $700. Both are Samsung. I didn't buy the extended warranty. Appliance repairman said the landfill is full of almost-new appliances; something like 1 in 4 appliances there are less than 5 years old. Now I understand that some stores (Sears here in Canada) offer extended warranty plans that if at the end of the term you don't use it, will credit it back to you! After this experience with almost-new appliances, I wouldn't buy another without it.