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- Jan 11, 2006
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Re: Upset with WF service on repair - feedback appreciated..
I will definitely look at that, but what it results in is that you pay JM for the maintenance rather than the jeweler. If I had been paying extra premiums for maintenance all these years and only had one incident that needed maintenance, I would be definitely worse off financially! To me, insurance is to cover things you cannot readily afford to replace or that would be very costly to replace.
Okay, I went to the JM page and put in the two items I insure. I pay Chubb and annual premium of $499 for just under $50k in value. The premium with JM was $761 for the same coverage except JM covers minor maintenance. That is $262 more per year! Much wiser to pay out of pocket for maintenance, in my opinion.
I will definitely look at that, but what it results in is that you pay JM for the maintenance rather than the jeweler. If I had been paying extra premiums for maintenance all these years and only had one incident that needed maintenance, I would be definitely worse off financially! To me, insurance is to cover things you cannot readily afford to replace or that would be very costly to replace.
Okay, I went to the JM page and put in the two items I insure. I pay Chubb and annual premium of $499 for just under $50k in value. The premium with JM was $761 for the same coverage except JM covers minor maintenance. That is $262 more per year! Much wiser to pay out of pocket for maintenance, in my opinion.