As a general rule, I always thought "extended service contracts" were not such a good deal. Of course there are always exceptions and it's your money and your peace of mind so do what makes you most comfortable. I will say to read your contract very carefully and question any thing that is anywhere near not completely clear. I had as acquaintance who purchased such a contract for home, including (she thought) her air conditioner. The wording in the contract was "Air Conditioning System Comp." which she took to mean "air conditioning system complete". She did have an A/C problem, called service, got it repaired, and was presented with a bill. Thinking her contract covered the repairs, she called the company. It turns out that "Air Condition System Comp." really means "air conditioning system compressor" and did not cover the rest of the system - coils, motor, chiller, etc. Needless to say, she was not a happy camper and quickly canceled her service contract.
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