Anytime a company wants to sell a warranty, it's usually designed to make money for them and not to save you money. They know the odds are in their favor. Otherwise, why would they do it?
Clark Howard, the consumer's advocate, tells people on the radio to never buy a warranty. Usually, the salesman who pushes the warranty gets a big commission for doing so. You pay $500. and the salesman might get a $50 commission. What does that tell you?
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