Should i buy 3 year cover for a new lcd television?

Question

I'm buying a new tv and have decided what i want but don't know if it is worth paying for 3 years cover. I intend forking out about £1300 for the television and the cover is about £200.

Answer 1

No dont do it,i took out a 5 years policy and never claimed,luckily it was 1 where you get your money back if you dont claim in the 5 years.

Answer 2

As someone else said to you, and I agree with them that is modern appliances today are so reliable, and yes they tend to go wrong after the 3 year warranty expires. Here is a tip if you live in the UK. Instead of paying the £200 or so, put the money in a high intrest account and add a little every now and then. Now chances are, if you are lucky, you will have no probs with your TV. If after 3 years and your tv is ok and you put the money in the bank, then you are quids in the bank. Some manufacturers give up to 5 years warranty free, Should your tv breakdown outside its warranty then some warranty companies like domestic and general will repair your appliance out of warranty period for an additional fee over and above the warranty cost.

Some retailers will put you off trying not to buy their extended packs, but now you know thad D&G does what I have Just said.

Another tip is, don't pay over the top for well named products, because a lot of the so called cheappie makes are more reliable than the big makes, I have proved this, My family in Scotland and my wifes family in England all went for the cheap makes, ten years on and they are still working great, where me and my top brand makes have had no end of problems with one exception, my 32 inch Hitachi dolby pro logic TV, I bought it back in 1999 and apart from a few small probs fixed under warranty, it is behaving itself and is nearly 2 years out of warranty, so right away I have saved myself a few quid. OK people will say that you get a better deal when it is new, but if it doesn't break inside the extended warranty then you have wasted your money.

One day I popped into Currys and Comet and looked at all the TV's sitting side by side and I was amazed at the picture quality of the Samsung, go and check it out for yourself, you will be amazed at the different picture quality a cheaper make gives against a branded make.

Answer 3

The life expectancy of an LCD is 8000 hours. Work out how much you're going to watch it over three years and if it comes to more than that consider it seriously. If the cover covers accidental damage and you have kids or dogs take it if it's not highly expensive. I've seen LCDs come in for repair because they've been sat on a table when the dog's run to the door and took the telly with it.
95 per cent of the cost of the LCD telly is in the panel and it's the component most likely to go wrong. Manufacturers guarantee them for a year because they aren't daft, and the most likely time on empirical data for an appliance to break down is 18-21 months after you start using it. Manufacterers guarantees don't cover accidental damage
and your home insurance covers costs of the cheapest possible alternative plus you may have to pay excess.

Hope that's useful.

Answer 4

With the amount that you are paying for the tv you should be able to negotiate a better price for the cover 9 times out of ten if you refuse the warranty the salesmen will attempt to do a better deal as at the end of the day thats where they get commission. Check what cover you are going to get and your household situation. I recently got a 43" rear projector and the cover for it covers any accident to the screen etc and with 2 kids i felt this was worth while and i got the cover for a lot less than the original quote. Be strong when dealing with the salesman and don't be afraid to ask for better deals

Answer 5

Dont do it!
These policies are very expensive for the cover they offer, and have a bad reputation when it comes to honoring them , they dont pay.
The chances of your new tv having a problem in years 2 and 3, after the manufacturers guarantee runs out, is probably 0.001%

Better to invest your £200, yourself.
It 2-3 years time as the cost of lcds, comes down youll be able to buy a second one with that £200 if you need to.

Answer 6

Definately not. A new TV should last more than three years. And they usually do. Thats a lot of money to part with. Some Tv's come with a two or three year warranty anyway. So no, keep ya £200 and treat ya self to something else. Maybe Sky Plus if you dont have it.

Answer 7

nicely maximum warranties contain like what you have image loss, capability surges and much greater like that. If i become procuring a television and that i ought to discover the money for the guaranty i could get it. because of the fact in case you do not and it looses image or you get a capability surge your maximum probable on your own. it could be if something will bypass out on a television interior 2 years except its defective. i could say not something could bypass incorrect with it yet in one day something ought to fail interior the television. i'm not sure there is that a super number of a difference between LED and liquid crystal demonstrate yet there's a sprint in plasma. As for producers i could advise Samsung yet that's in simple terms me.

Answer 8

Despite the negative answers,I would recommend that you do,the best example I can quote you is : we had a de humidifier,it went wrong after the statutory guarantee period,luckily we had taken out extended warranty,it would have cost us far more than we paid out for the warranty.We still pay for extra warranty on a vacuum cleaner that we have had for ages,it has been to our benefit a couple of times,whatever you choose to do,best of luck

Answer 9

If you believe enough in the company to purchase their tv, then I trust you believe enough in their workmanship for 3 years not to purchase their warranty. Easy money for the company. If their sets failed w/in 3 years in any sort of %, they would be out of business.

Answer 10

By three years do you mean 2, remember if anything in the UK breaks within a year you can have it replaced or fixed just by returning it, thats the law.