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  Author : Mike Potter
  Website : http://www.warrantyexperts.com
  Date : Fri Jun 3 04:00:59 2005
  Status : pending approval
   

Buying an RV Extended Warranty for your motorhome or other RV is a bit like gambling. But unlike most gambling, the odds of a payoff on RV Extended Warranties are excellent. The advent of the Internet has made an extended warranty even more desirable thanks to online companies that have deeply discounted their rates because of no middleman.

An extended warranty pays for repairs on your RV after a regular manufacturer's warranty has run it's course. And, as most veteran motorists well know, the biggest and most costly repairs always seem to come 10 miles or 10 minutes after a warranty expires. It's one of the unwritten rules of nature.

An important factor in buying a warranty is to deal with a reputable company. The most reputable warranty companies are underwritten by "A+" or "A++" rated insurance companies as rated by AM Best Company, Standard and Poor, and Moody's. Be very careful in buying an extended warranty from a business that has a lower rating or will not disclose the rating.

RV dealers "push" extended warranties because they are highly profitable. The warranty companies, in turn, must raise their rates to ensure their profit after the dealer's cut. Online companies don't have this commission to pay, and as such can reduce their rates considerably. Warranty Experts , for example, claims it saves its customers up to 60 percent. You also never want to finance your warranty in with your RV loan, after 15 or 20 years of interest you will be paying for the warranty 3 to 4 times when some warranty companies offer 0% financing for the warranty.

RV Extended Warranties are sold on both new and used RVs. It is recommended you purchase the warranty policy when you buy the RV, whether it is new or used. You say, "but I have a new RV and it is covered for 1 year". Warranty companies add month and mileage surcharges to all new warranty policies up to 36,000 miles. If you wait until you have 19,000 miles on your RV, you could end up paying twice as much for the same policy that you could have purchased when your vehicle was new. And new warranty policies start from the manufacturers in-service date and 0 miles no matter when you purchase the warranty.

For many RVers, simply having an RV Extended Warranty provides great peace of mind.

 

 

 

 

article keywords: RV Extended Warranties , RV Extended Warranties,Extended RV Warranties,Motorhome Extended Warranties

 

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