Comments on: Considering Our Options http://gypsyjournal.net/blog/2009/10/28/considering-our-options-2/ Fulltime RV Travel In Our Winnebago Motorhome Tue, 17 Jan 2012 23:45:47 +0000 hourly 1 http://wordpress.org/?v=3.0.3 By: Jim http://gypsyjournal.net/blog/2009/10/28/considering-our-options-2/comment-page-1/#comment-7840 Jim Fri, 30 Oct 2009 07:01:04 +0000 http://gypsyjournal.net/blog/?p=3334#comment-7840 I think the ext warranty decision can relate to the quality of the product. For example, my wife and I bought a Keystone Cougar 5ver (not 'rated" for fultiming) and fulltimed for five years putting over 100K miles on it. The extended warranty was a real blessing and we got our money's worth several times over. The 5ver served us well, as did the warranty. I think the ext warranty decision can relate to the quality of the product. For example, my wife and I bought a Keystone Cougar 5ver (not ‘rated” for fultiming) and fulltimed for five years putting over 100K miles on it. The extended warranty was a real blessing and we got our money’s worth several times over. The 5ver served us well, as did the warranty.

]]> By: Linda http://gypsyjournal.net/blog/2009/10/28/considering-our-options-2/comment-page-1/#comment-7804 Linda Thu, 29 Oct 2009 18:14:32 +0000 http://gypsyjournal.net/blog/?p=3334#comment-7804 We do have an Extended Warranty service agreement for our 2006 HR-Endeavor. In 2006 it cost us $2500 for 7 years or 70,000 miles with a $200 deductible. This agreement is with Prism Administrative Solutions Inc. So far we are pleased with this company, just this last August we needed to have our front roof AC unit replaced and all we paid was the deductible. We also have had a couple other small issues in which they have come through for us. All in all we feel the Extended Warranties are worth the Peace of Mind. We do have an Extended Warranty service agreement for our 2006 HR-Endeavor. In 2006 it cost us $2500 for 7 years or 70,000 miles with a $200 deductible. This agreement is with Prism Administrative Solutions Inc. So far we are pleased with this company, just this last August we needed to have our front roof AC unit replaced and all we paid was the deductible. We also have had a couple other small issues in which they have come through for us. All in all we feel the Extended Warranties are worth the Peace of Mind.

]]> By: Clarke Hockwald http://gypsyjournal.net/blog/2009/10/28/considering-our-options-2/comment-page-1/#comment-7801 Clarke Hockwald Thu, 29 Oct 2009 14:27:47 +0000 http://gypsyjournal.net/blog/?p=3334#comment-7801 Hi Nick....haven't read every single comment on the warranty issue, but here is my take. The whole point of insurance (warranties are essentially insurance policies) is to transfer risk for large financial risk to someone else (an insurance company). You pay a "premium" and the 3rd party assumes the risk. You retain a small risk, such as a deductible, and the 3rd party assumes the rest. Many people do look upon buying insurance as a "bet", or in some cases an "investment", but what you are really doing is buying peace of mind. If you buy insurance it is because you know you cannot absorb the total cost of, say, replacing your diesel engine, or transmission, etc. These are "big ticket" items, just like your car...in some cases they may cost more than a compact car to replace. Obviously, the key to the whole thing is the insurance carrier, and the policy language. A few bad actors give the whole industry a bad name. I'm sure you never thought of the fire insurance you bought to cover your home as a bet, but a sound financial decision to protect your investment against catastrophic loss...you were buying financial peace of mind. All that being said, I have only bought extended vehicle warranties twice in all the years I have owned vehicles. I have always insured those vehicles for physical damage coverage (fire, theft, collision, etc.). That's my 2 cents, and I'm sticking to it...LOL! Clarke Hi Nick….haven’t read every single comment on the warranty issue, but here is my take. The whole point of insurance (warranties are essentially insurance policies) is to transfer risk for large financial risk to someone else (an insurance company). You pay a “premium” and the 3rd party assumes the risk. You retain a small risk, such as a deductible, and the 3rd party assumes the rest. Many people do look upon buying insurance as a “bet”, or in some cases an “investment”, but what you are really doing is buying peace of mind. If you buy insurance it is because you know you cannot absorb the total cost of, say, replacing your diesel engine, or transmission, etc. These are “big ticket” items, just like your car…in some cases they may cost more than a compact car to replace. Obviously, the key to the whole thing is the insurance carrier, and the policy language. A few bad actors give the whole industry a bad name. I’m sure you never thought of the fire insurance you bought to cover your home as a bet, but a sound financial decision to protect your investment against catastrophic loss…you were buying financial peace of mind. All that being said, I have only bought extended vehicle warranties twice in all the years I have owned vehicles. I have always insured those vehicles for physical damage coverage (fire, theft, collision, etc.).

That’s my 2 cents, and I’m sticking to it…LOL!

Clarke

]]> By: Jack and Steph http://gypsyjournal.net/blog/2009/10/28/considering-our-options-2/comment-page-1/#comment-7778 Jack and Steph Thu, 29 Oct 2009 03:08:38 +0000 http://gypsyjournal.net/blog/?p=3334#comment-7778 We bought new a 2002 Winnebago Journey Diesel Pusher from a dealer in North West Indiana. They sold us the RV Shield Policy (Hertiage TPA) at a reasonable price. Needless to say, we used it quite a few times for the jacks, slides, and alternator with no problems about them paying. One time, the alternator went bad again, and my husband replaced it only to find out Hertiage would not pay, as we did not take it to a qualified service center. (Even though my son in law is a certified diesel mechanic). But in April 2008, our air conditioner compressor went out and we played hell getting paid. I called the dealership where we bought the policy, Ohio Attorney General and my lawyer. I was told by OH Attorney General they (Hertiage) were not in good standing and I might not get my money back. Our bill was $1578.09, which Hertiage would only pay $641.59( which we received the check on Oct. 15, 2008. After all the hassle, I decided we were lucky to just get what we got. Now we have the GOOD SAM RV policy and am glad we have not had to use it. BUT I SHOULD MENTION, THAT IT IS A SHAME THAT THE MONEY WE PAY FOR THESE UNITS, THAT WE SHOULD HAVE SO MUCH GO WRONG.........WHAT HAPPEN TO QUALITY WORKMANSHIP AND PRIDE. THE MARKUP ON THESE RV'S IS AT LEAST 75%. (FROM AN RV DEALER FRIEND OF THE FAMILY WHO RETIRED YEARS AGO). Maybe the factories should sell direct to the customer! We have looked at new coaches, but we keep going back to the fact our coach is still in good shape (60,000 miles) and well maintained, so why be foolish and waste the money as the depreciation is so so great! We may need that money for repairs to this one later on down the road. We bought new a 2002 Winnebago Journey Diesel Pusher from a dealer in North West Indiana. They sold us the RV Shield Policy (Hertiage TPA) at a reasonable price. Needless to say, we used it quite a few times for the jacks, slides, and alternator with no problems about them paying. One time, the alternator went bad again, and my husband replaced it only to find out Hertiage would not pay, as we did not take it to a qualified service center. (Even though my son in law is a certified diesel mechanic). But in April 2008, our air conditioner compressor went out and we played hell getting paid. I called the dealership where we bought the policy, Ohio Attorney General and my lawyer. I was told by OH Attorney General they (Hertiage) were not in good standing and I might not get my money back. Our bill was $1578.09, which Hertiage would only pay $641.59( which we received the check on Oct. 15, 2008. After all the hassle, I decided we were lucky to just get what we got. Now we have the GOOD SAM RV policy and am glad we have not had to use it. BUT I SHOULD MENTION, THAT IT IS A SHAME THAT THE MONEY WE PAY FOR THESE UNITS, THAT WE SHOULD HAVE SO MUCH GO WRONG………WHAT HAPPEN TO QUALITY WORKMANSHIP AND PRIDE. THE MARKUP ON THESE RV’S IS AT LEAST 75%. (FROM AN RV DEALER FRIEND OF THE FAMILY WHO RETIRED YEARS AGO). Maybe the factories should sell direct to the customer! We have looked at new coaches, but we keep going back to the fact our coach is still in good shape (60,000 miles) and well maintained, so why be foolish and waste the money as the depreciation is so so great! We may need that money for repairs to this one later on down the road.

]]> By: Niles http://gypsyjournal.net/blog/2009/10/28/considering-our-options-2/comment-page-1/#comment-7770 Niles Thu, 29 Oct 2009 00:41:53 +0000 http://gypsyjournal.net/blog/?p=3334#comment-7770 Most have said the engine has 100000 mile warranty, which is probably true, however the manufacturer puts a time frame in to, which is usually 5 years. So if you burn the road up you'll get your 100000 warranty in, in your 5 years. Good luck in your decision, I can't make my mind up either, I figure if I wait long enough the decision will be made for me, no one will offer it on my old POC. Most have said the engine has 100000 mile warranty, which is probably true, however the manufacturer puts a time frame in to, which is usually 5 years. So if you burn the road up you’ll get your 100000 warranty in, in your 5 years. Good luck in your decision, I can’t make my mind up either, I figure if I wait long enough the decision will be made for me, no one will offer it on my old POC.

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