Great Lakes Angler Blog

Should You Get Extended Warranty for Boat?

Wednesday, February 05, 2014

ALEXANDRIA, Va., February 4, 2014 -- It’s acknowledged among boat owners that boat engines have improved in quality and reliability over the years, and backing that up are recent surveys from J.D. Power reporting a steady decrease in the number of reported problems in marine engines. So is buying an extended service contract – also known as “extended warranties” – worth the money today? The Boat Owners Association of The United States (BoatUS) Consumer Affairs looked at the issue and has these tips:

An extended “warranty” really isn’t a warranty: An extended warranty (service contract) is not a warranty at all but rather an insurance policy that pays for repairs if the breakdown, failure, or failed component is specified as covered by the policy. On the other hand, a new boat warranty covers much more, is included in the cost of the boat, and offers legal protections to the boat buyer.

Not everything is covered: An engine extended service contract covers specific items only. One BoatUS member found this out the hard way when his third-party extended service contract left him $1300 short after paying out of pocket for an engine control unit (ECU) replacement job on his 30-foot powerboat. The ECU was deemed consequential damage – and not covered – as a result of the original problem, an overcharging alternator.

The real cost of repairs could be higher: Extended service contracts typically come with deductibles, some don’t cover engine removal, and they often limit haul out coverage or, in the case of manufacturer-backed programs, will only pay if you purchased higher levels of coverage. Check the contract’s details on how the company handles deductibles and consequential damage.

Kill the overlap: If you decide to buy an extended service contract, find one that begins after the manufacturer’s warranty expires and never be pressured into buying one the same day you buy the boat. You’ve usually got up to at least nine months to make a decision. It should also be transferable, which adds to the boat’s value.

Manufacturer benefits: Consumers often get a better deal on engine service contracts that bear the name of the manufacturer because the dealer’s markup is limited. And while these service contracts take their name from the engine’s manufacturer, independent companies could underwrite them. However, you still are likely to get a better deal regardless because “manufacturer” programs often have substantially better coverage and more flexibility. Don’t forget prices are negotiable, and some engine manufacturers sell contracts direct, bypassing dealers.

Approval needed: While it is an extra step, extended service contracts require preauthorization before work begins. However, avoid those that will require work to be done only at a network of “approved” shops, or require you to use the selling dealer.

The gamble: Most defects in new boats and engines appear within the standard warranty period, so you may not get a return on the money you paid for an extended service contract.

How many problems will I have?: Some engine models that have higher than average rate of problems may benefit from an extended service contract. BoatUS members can use the BoatUS Consumer Protection Database that contains thousands of first-hand reports on boats and engines at For membership information visit or call 800-395-2628.

  Read Full Story

Recent Posts


Alaska Sun protection Oakley Sunglasses Glacier Glove Wake Fishing Micro-Mobile Pro Viewing Case 580P lenses Coleman cooler Skamania Mania Black Earth Creek Wild River series Boat US Rubrail Ditty bag Brian "Bro" Brosdahl Todd Sokolow Absolute Outdoor, Inc. RAT FINKEE Monel Metal sunglass Thermacell Kurt Mazurek Frigibar Lake Erie Crankbait Net Jeff Gustafson Beckson Marine Michigan DNR USO Venice, Louisiana Reese Frabill Flat Slider 75 Michigan City, Indiana GPS Speedometer New Zealand Legend Gold marlin Footwear St. Croix Sunstream Boat Lifts Keep Kool Marine NewsWire WFN Bug bite relief Ditch River Fishing Rig'N Tails Up Stream Hydration Back Pack spreader light Titan Chain South Haven, Michigan Rippin Lips Fishing Clubs Extended Warranty Legend Extreme Brian Brosdahl Dan Egan Bheestie Bag Plano Tackle Boxes Chargers Milwaukee Journal-Sentinel SeaEra QC Glorvigen Swim bait Bro Brosdahl Gunnison, CO Hobie LineGrabber Costa Batteries Fish Hawk XD4 Mystery Tackle Box cruzin Aqua-Vu CUSTOM JIGS 'N' SPINS Skarlis Beckson Minn Kota Delorme Jeff's Tackle Shop Apps award Size limits Cabela's MATE USA Olcott, NY Optima Boat maintenance OHIO Andrew Dordek Ned Rig Sunglasses Moisture Muncher Lake of the Woods Lights Cannon Extreme Baitcast Reel Gull Lake Marine LCWCC Downriggers Fish America Foundation tree stand injury Practical Sailor Kill switch Bass Pro Shops Gift Card trailer tongue Green Bay Hunting Multitools Yamaha ATV ASA Aquatic AV Michigan NMEA Balog Dave Genz Muscle Squared 65 treestand injury Izaak Walton League Airmar ABT X-2 Countdown InvisaSnap The Harry Lure Torpedo Divers Safety Soft Jigwobbler Chronglobal Slender Spoon National Guard Home Port Marine Marketing Magnum Flow-Troll Boat lifts Manistee MULL BLOG Lake Assault Launch ramp Green Bay, Wisconsin Tim Popfinger Z-Man Normark Electronics iPilot binoculars Ascend Marine Speakers Video ChartSelect Ice Fishing KVD Speedbag Tournament Grade Circle Hooks Lowrance Contaminants Whale Pumps VMC Evolve exotic species Ranger Aluminum Deep V Series 360 Knife sharpening Rippin' Lips Barry Brown Marine Jeff Wenzel F-Series Storm Gear HELLA Onyx Walleye tournament TRAC Grady-White Oshkosh Sport Shows Bass BASSMASTER Bristol Bay Dogwood Canyon Trail Runs Tournaments Fishouflage Lake Ontario Records Swanson-Russell Invasive species Boats Hamlin Tight Lines Jewelry Vick Boat names Serious Shine CLASSIC STRATTEC Alaskan Sharpeners Traditions Media Plano FLW Fiberglass tiller EZ Dock New Lures Smart Guide to Freshwater Fishing Snow-Shoe Tip-Up ATV Lock Speakers Wind Power Mag Light 1675 Pro Guide GPS for Lightning Connector Indiana DNR Kevin Van Dam thieves trailer tongue News/Social Navigation Bass Pro Iaconelli Rough Weather Angler Triton Boats Gary Dollahon LineSnubber Dollohan Owners tournament Wounded Warriors Silver Horde Tip-Up Lip-Stix Conservation jigs Blue Heron Communications Sphaera Deck Plate McMurdo Shurhold Ranger Boats Chicago barrier Mary Snyder Soul5 Tackle Labs Whale ABT Line Recycle Bin Trout Unlimited Tyee BOLT Padlock hardbaits Faria DuraSafe EZ BoatPort B.A.S.S. Walleye Dollahon Interlux Kevin VanDam Scott Glorvigen Bob Schmidt Davis Instruments Simrad Personal Flotation Devices Betsy Bait Holder Ryan Wilson SOG Grunden's Wildlife Forever BASSMASTER CLASSIC Great Lakes Troller Tides inReach Foul weather gear Pro Polish High school bass fishing Rain suit Turning Point Props iPilot Link Scholarship Raritan splice Rescue Line Radio NAIFC Championship clubs Dogs Future Fisherman Foundation weather Honda thieves Clam Radial St. Croix Rods Princecraft Ultimate Flannel Shirts Dave Mull YUMphibian Humminbird Ice Features tackle storage Nautical Bass fishing Walleyes Baitcast Fishing Pole BBQ Lighter Dunkirk, NY Mr. Twister Holland Ravenswood Media Forage Minnow Knives ODNR mudsnail Jerky Black Velvet Mustad Husky Jerk EVOLVE FISHING CO WileyX Endura great lakes Lures Spencer Yachts Hevi-Beads METS PFDs CMP Global TRAC Ecological Larson Electronics Lighting spinning rod Quantum Soo Locks Bad Elf Swedish FireKnife Beckson Marine Deck Plate Boating safety Seakeeper gyro Jack Links Shock Wave iPad Tommy Skarlis Masters Walleye Circuit Mazurek Games Insurance Tracker Marine News Strike King Northland Brad's Ryan Kleckner Boating Rain gear Full Throttle Side Imaging Kindle book Earth Day BoatUS Angler Power Ranger VS1780 La Mar Muskie Lure MWC KVD Gear Mack's Lure Camera mount Mark Zona Kayak Brown trout Contest Louie Stout Marsh Madness JVD Water Buddies Deep Sea Diver spoon Custom Jigs & Spins Accessories Youth Marine General Boat Covers Gene Larew Ranger Insect repellent Ethanol Bibs Blue Collar Outdoors Plano Synergy U.S.S.A. Steve Wood Matt Serbenski Wisconsin Brite Wash New York Port of Indiana Global Spectrum Lund Oculus fitness MUSHING dock lines Catch & Cook Gill NA Sheldon's Clay Dyer Stabenow Fuel Macho Minnow PRADCO Orca Fin System Conservation Marathon USCGA Tools Multi-species Fishing Odd'ball Fin Spin South Haven Chatterbait Weather Buoy Lake Huron Niagara Falls Marine Radio Safe boating Okuma Whistler Spoon Wedding Ring LOTSA Cliff Pace FRIDAY FUNNIES Team Aqua-Vu Kayaks Shipping Northwest Indiana Steelheaders Milennia MIL-iDock Patrick Hurst toilet Slide Moor Spreads PulseTech Beckson Marine Stowaway Bag Plates and Kits Bait head University of Buffalo BoatUS Brandon Newby Angler 175T The Conference & Event Center Niagara Falls Mosquito repellent Reef Runner Catfish Corey Schmidt WeatherStation YUM EZ Splice Fasteners Smartfind S20 Personal AIS Beacon Tournament Fort Wayne, Indiana Mack's Lures Bass Pro Shops Four-Person Dome Tent with Screen Porch Rushton Gregory Promise Keeper Marine Lighting Bass Pro Shops Costa Del Mar Audio Lead Personal Flotation Device Salmon Unlimited of Illinois Lake Superior Streams Grand Rapids Ultimate Outdoors Show PLB USSA eZSplice Lund Boats Yamaha DSC ShowSpan Rapala Tom Neustrom Storage Aqualuma Aluminum Deep V Series Evinrude Topwater Mark Chmura Free Fishing Weekend redfish Side Thruster Hobie Pro Angler Beckson Marine Stowaway Bag Plate Berkley Salmon Minnesota bimini top Bristol Bay Salmon Coleman Dave Mull Blog Air show IGFA blue marlin RedHead Fiberglass boat Lake trout ice fishing, Bro Show, Traditions Media Acme John E. Phillips Shoremaster Aqua Vu Rugged Shark Traditions Tackle Bag Matt Straw Grab Rail Andrew Semprevivo Mercury Marine LakeMaster Western States Version Technology Lakemaster Costa Sunglasses Bug repellent ONIX Telescoping JIggler Long Rod Gary Giudice Trade Shows One-Handle-Does-It-All System Church Tackle Prosepec Electronics Alabama Rig Coast Guard Volvo Penta exotic invader Buff radar Traxstech AmVets On board JBL Bethel University Chaco Marcum Asian carp Pop-Up LED Bowlights Rovermax LR 100 Rods Uncle Norm's Synergy Outdoors theft Autotether Boga YUM Dinger Goby Smart Guide Publications Pharmaceuticals DuraSafe Electronics Lock Army Corp of Engineers Accon Marine Innovative Outdoors Mike Seymour USCG Shoes Bait Rigs Lake Michigan Ultracoat Swim Whizz Gravity Headgear Big Bear Products Scott Martin Martin-Flory Shelter Sportsman's rights KVD Speedbag Wormfile Bass lure Jonathon VanDam Homeport Marine Marketing AKOYA iPhone Greater Niagara Fishing & Outdoor Expo SeaLife Cameras boat rental