Save your money.

https://www.consumerreports.org/extended-warranties/steer-clear-extended-warranties-a3095935951/

Extended warranties are only worth it if they are sold by the manufacturer. From my knowledge Bosch and Miele are the only two companies that sell extended warranties directly.

With Miele you can purchase an extra four years of warranty for a total of five. This can be done any time before the 1 year warranty expires.

Dealer extended warranties are almost nevwr seviced by the dealer, but by an insurance company. They are in business to make money so have an incentive to NOT repair if at all possible. A manufacturer extended warranty means you call the manufacturer. You deal directly with them to schedule service. If you move within the same country your warranty moves with you.

In a nutshell if the store itself does not have a service department, the it is probably best to save your money. The service is performed by a third party and it is not uncommon for people to go weeks or even months without the appliance in question. Add Covid to the mix and it could be a long wait. If you are ok with that then I say go for it. I bought one for an induction range in a rental and It took right at 4 months for them to fix it. By that time I had to buy my tenants a new range and ended up selling the other unit once it was repaired. While it does not hurt to have some peace of mind, the long wait times are a huge turn off and inconvenient.

Statistically, save your money.

I'm looking to buy from ABT, a local Chicago area store. They do have a service department, so it would be effectively a service contract.

My hesitation with all these new appliances is their reliability...they have too many features in them. For refrigerator, i am not getting one with a dispenser and will not set up the water line for the ice machine, but compressor is still suspect. For the gas stove, they come with a convection oven fan, which breaks down. Not sure how over the range microwaves will turn out, I am sure they will break down in some manner.

The compressor on my 21/2 yr old LG refrigerator just went out. Have a Lowes extended warranty, took 1 month to fix. Warranty covered lost food and refrigerator rental.

So the compressor went on my 3year old LG refrigerator in July. We have total Geek support with Best Buy which is supposed to cover all our appliances, not technically a warranty but they will come and fix. But LG has been having a problem with the compressor on their refrigerators so they have extended the one year warranty to five years. Geek squad referred me to LG. LG contracts with Sears for repairs and they send the part ahead of your appointment. New compressor arrives, then repair guy who determines that it’s not the compressor but the main board, so he orders a new one. Two weeks later the new board arrives and a different repair guy puts the board in and it doesn’t work. He says new board is defective and orders another. That delivery is delayed for six weeks I assume because of chip shortage, but finally arrives and the third guy came yesterday, put the new board in and it didn’t work. Finally, this guy examined things a little more closely and figured out that a) it was the wrong board and b) it was actually the compressor that was at fault. We still had the compressor that had been delivered for the first visit and he was able to fix it but we were weeks without a fridge. We had to go out and buy a mini fridge just to have a place to store milk, etc. and we threw away hundreds of dollars of food. Stay away from LG refrigerators!

Have used ABT service and was happy with how quickly appointment was scheduled, and service technicians knowledge and skill. Would use them again.

Would not buy one from HD, L, or BB; would consider from ABT, depending on costs.

Heh. I just replaced my useless problem ridden Samsung with LG!

Check your credit cards. I have one that extends all manufacturers warranties by 1 year.

LG offers an extended plan after you install and register your product. Wasnt a bad price but I passed on it.