This isn't something I usually do. I'm the sort of person that only carries liability insurance (no collision) on my cars. However, given the widespread repairs reported on modern appliances, I opted to spend $179 at Lowes, which covered 4 additional years (five total) on my LG fridge and my FisherPaykel dishwasher drawers.

When I bought my induction range from AJ Madison, they threw in their 3 year (additional 2) warranty for free.

One big problem with extended warranties is that you may be locked into a particularly bad service company. Better to save the money and hire a good repair service if necessary.

Thank you both! Great tips!

I would not pay for extended warranties. However, I have used free extended warranties as bargaining chips in securing my business. I obtained an extra year of warranty for example on my Wolf range to purchase it from a particular vendor. They were offering me the unit at the same price as another vendor, so the tie went to the business that would sweeten the deal another way.

I usually decline extended warranties for anything, but DH insisted on getting them for our DCS range and Meile DW 4+ years ago. The service on the Meile (through Meile Canada) has been horrible - took almost 4 weeks to get a part to fix the %%^** thing. The warranty on the range was through the dealer, and I got a new oven igniter the NEXT DAY!