Extended warranties and product insurance...

I have a mixed view when it comes to buying extended warranties or product insurance, my basic formulation is to weigh the cost of the item, the predicted lifespan of the item against what the price is either for the warranty or some other additional product insurance. I also look at the price of the deductible that's required, if you've paid $300 for something and the deductible is over $150, chances are within a year that product costs less than that with the way technology is changing. For larger ticket items it can at times be worth it, which is why things like an ipad warranty or pc insurance are being marketed.

As always, read the fine print, especially when it comes to how and when the warranty or insurance would be paid and what limitations exist...