Rolling the dice either way, which way do you want to bet?
I can tell you I’ve lost money on every extended auto warranty I’ve purchased. But then we are very easy on our cars, too.
If you think about the odds a bit deeper, the companies offering the insurance have done their homework and you can be absolutely sure that they didn’t set the price where they’d lose money, on average. Therefore the odds say don’t buy it.
So the question becomes – how much is peace of mind worth to you?
