“If you look under the hood of the policies, you’ll see the same underwriters,” says Vipin Jain, the chief executive of Retrevo.com, an online electronics marketplace that offers user manuals and consumer reviews. But there’s still a wide variety in terms depending on what the middle-man manufacturer, retailer or other vendor wants to offer....
The price gap widens with the likelihood that the item will need repair during the warranty period, Jain says. An extended warranty on a laptop computer, for example, might cost up to 35% of the purchase price in stores; twice what a manufacturer or retailer would charge. Click Here to read more.