I think it depends on the cost of the fridge and what you can afford. FWIW, my LG fridge is doing great 6 years on. I tend to self insure. No extended warranties, no trip insurance, etc. We have lost the cost of a beach holiday when DH became sick, but at this point we are still quite far ahead.

Well I was just reading another thread (linked on my 50 amp question) where people were complaining left and right about the Electrolux induction ranges biting the dust after four years. I guess it's possible they have made improvements since then.....or maybe not.....

As I use Electrolux clone induction cooktops to fit my soapstone cut-out, and am personally aware of circuit failings (in my case after 7 years with a Kenmore) as well as the many complaints that can be found on the Internet, I have deemed it worthwhile to bet $50/yr of warranty insurance against a typical $1000 repair or $1400 replacement cost (for the lowest priced Frigidaire induction cooktop). A range is higher replacement cost, probably similar induction circuit repair cost, but I don't know what the going price of insurance is.

I have developed the cynical view that in the long run modern complex electronic devices are effectively only leased, so it is best to think of their purchase price and effective warranty period (with or without insurance) as a lease period at a cost that is prorated over the period. If one could warrant an induction cooktop for 10 years at $400, say, then the lease cost per year would fall to one-tenth the purchase price plus $40. This would be much less expensive than, say, cable television, and what could be more interesting than staring at an induction cooktop doing its thing.

kas

Ya, I will probably just bite the bullet and buy it for both the range and fridge. If you don't use it in five years you get a partial credit toward a new appliance - which I might well need based on current appliance longevity. If one of them has a fatality after five years, I can apply the credit from the others that didn't. Or if they all have a fatality I guess I'm screwed. It makes you wonder if you should really replace the 15 year old appliances that are still going strong - though I absolutely hate the electric range.