IMO extended warranties are never worth the money. Insurance companies are playing the odds and they always win. Just like in Vegas. Save money back every paycheck for maintenance and repairs and at the end you will be money ahead. Do some of the warranties end up paying off? Yes, but a very small percentage. By the way Yukon Joe XL, in that case the extended warranty is really an "Instead of" warranty. When the overlap happens, the latest warranty takes over and the time left on the older warranty is no good. If latest warranty doesn't cover something that was covered on the older warranty then you are out of luck.