Don't know anything about the warranties but I'm glad to see you decided on the induction cooktop. I think with young children, you'll be much happier with it.

research the company covering the products. The company that issues the warranty is as important as the place you buy from. If they are a badly run business, you wont care if it saves you money because it'll cause you MASSIVE headaches if you have to use them!

Check out these articles before you decide.

http://money.usnews.com/money/personal-finance/articles/2013/12/19/when-you-should-and-shouldnt-buy-an-extended-warranty

http://www.consumerreports.org/cro/extended-warranties/buying-guide.htm

I was always a no extended warranty person and self insured everything. With todays electronics, I am not sure that is the best option anymore.

I did insure my Miele DW - call it women's intuition but our first one was a lemon and after 4.5 years- I got a check for the original price. I bought a second one with insurance but the roll of the dice gave me a good one.

I wish I insured my Wolf oven but so far Wolf covered the issues out of warranty.

I have always self insured everything as well, but this time I have extended warranties. Partly a function of cost - my old Kenmore or LG fridge wasn't nearly as expensive as the integrated Miele columns that will be replacing it, for example, and partly because a 1 year warranty on said columns doesn't leave me warm and fuzzy.

Agree -research the company. Read the terms to determine any exclusions. Consider getting pricing from other companies that do the same thing.

Who is Consumer Priority Service ???

sounds like a third world sweat shop with a Madison Ave. branding campaign.

I know the particulars sound like a weasel wrote them and #6 has a hole I could drive a semi through. When they can't fix your Miele DW, they don't have to give you another new Miele - All dishwashers have concurrent functionality - they wash dishes !

Thanks... I tried to research them but I wasn't finding much. Personally I'm a huge fan of Square Trade but the prices are quite a bit higher ($360 for fridge for 5 years - and that is just 5 years from now - not extension). My Amex provides 1 extra year... that's at least a start.

I was also hoping someone would say - those are low repair appliances! :)

I couldn't find anything on them at all except for non appliance repair. In any case, the issue is whether your company that you get stuck with will actually come out in a timely manner and get parts and come back etc. Of course, you could have a similar problem with your local repair options, but at least you could use someone else if there were a next time.

Extended warranties are great -- for the companies who offer them. They're big money makers for the companies. For consumers, though, new appliances are unlikely to break, and IF they do, the things most likely to break are not covered by the warranty.

You're better off buying simple appliances. Bells and whistles are just something else to break. And put aside the money you would've spent on the extended warranty ... you'll come out way ahead.

Personally, I've never bought an extended warranty in my life. I'll be 50 next year, and I've had an item break during what would've been my warranty period exactly once. I'd say I'm way ahead.

3rd Party warranty companies are just insurance companies and they are big money makers, cause they cost nothing, and the appliance seller makes cash just for selling them. However the warranty is only as good as the contract (that's what you've really purchased - a contract). There is (I'm sure) a million and one escape clauses. And even if there isn't, what are you going to do about it? Many of these warranty companies go bankrupt.

The only kind of extended warranty that's any good is a manufacturer's warranty.

About 15 yrs ago, a friend purchased a later model used car, from a reputable car dealer, with an extended warranty. After a year, the car developed a major repair problem. The dealer told him the warranty company went out of business. The dealer literally said 'sorry Charlie', yeah we sold it to you, but we're just the sales people. He couldn't even get his premium refunded.