Something interesting happened today where a person I knew accidentally crashed his expensive drone into a tree where one of the parts became loose. Funny enough it was actually still functional everywhere else. He wasn’t too worried though as he purchased the extended warranty from the company which actually does cover accidental damage as well. He was extremely relieved where that one hundred dollar investment or so is basically money well spent now.
I was just thinking how seeing other people’s accidents can sure influence decisions for yourself even though you may never be in that exact situation. Like for myself I am usually pretty cautious as to how I use the product to the point where my original mindset is that one hundred extra dollars I could be using for something else. Or for myself usually by the time something high tech I own becomes non-functional something a lot better is available where I can put that money towards that instead.
In many ways it’s more of a psychological peace of mind rather than say actual odds of usage based on your own habits when you keep hearing other people’s experiences. Kind of shows you why it’s very effective to sell the story too as they say especially when it comes to like warranties. I know for myself though when it came to warranties thus far I save saved more by passing them on most items. The only real way I got past that mindset personally is again I often found for the things I buy and how long I keep them for there is usually something way better by then.