I canceled my Good Sam CSP today. The whole process took less than a minute on the phone. I was NOT asked why I was canceling. Think about that for a moment. The company does not require the phone rep to enquire as to why a customer would cancel their policy. They simply do not care, and that speaks volumes
I bought a 7 yr/70,000 policy on my motorhome when I bought it new. It cost me $3700. Until recently I regretted the purchase, but now I don't.
During the first 4 years they paid about $1000 for a bunch of miscellaneous repairs. But last year, they paid $1000 to replace a failed air conditioner, and recently they paid about $3500 to replace a bad radiator and a bad sewer valve. So, with about 18 months left on the policy, I am money ahead. In addition, if I choose to sell my coach in that period, I can sell it with a warranty, which is very good reassurance for a buyer.
On the negative side, it is a pain to make a claim. Nothing can be repaired until the company approves it. My radiator repair was held up about two weeks waiting for them to approve the claim. Fortunately, I was not half-way across the country, and did not need the coach during that time. If I had, I'd be mighty upset.
These machines are very complex, and can be expensive to repair.
So like the man said, do you feel lucky?
Marc, Boca Raton FL
2003 Beaver Monterey 40' triple slide
Blue Ox TruCenter
Acura MDX toad
Unified Tow Brake
Pressure Pro Tire Monitor
Garmin 2610 GPS
Datastorm D3/7000
Sirius Radio
Tivo on board