Is extracover worth paying for.

May 09, 2009 23 Replies

When I bought my first Digital camera (=A3250 for 1MP!) from Comet (I think) the deal on extended warranty for =A375 was that I got it reimbursed if I didn't claim. By the time the camera died, it was possible to buy an identical replacement on eBay for well under =A375, or a better new one for not much more. So that's what I did, and reclaimed my =A375 at the end of the term. Comet never sent me a reminder (I set my computer to tell me), so I guess they rely on most people forgetting. Does anyone still offer a reimbursement deal?

Chris

Or fix it yourself (this being a DIY group).

With a domestic appliance I'd just buy the best brand you can afford and forget the extended warranty. UK consumer law gives you quite a few rights if things go wrong. Always pay with a credit card too.

Rarely. It's usually where they make their money.

If breakdown worries you consider putting the equivalent of the premium into a high interest account (admittedly, something of a rarity nowadays!) and then enjoy spending it and the interest when the time comes to replace the fridge freezer through 'natural causes' rather than because it's broken.

Join the Discussion

Have something to add? Share your thoughts — no account required.

Didn't find your answer?

Ask the community — no account required