Third party warranties?

[AudiSport]

Does anyone have any experience with third party warranties?

I'm thinking of paying for something like the above from Warranty Direct, however you here so many horror stories about them not being worth the paper they are written on.. Parts have to fail before they will be replaced, then you only get a 40% contribution which takes lots of paper work to achieve etc etc??

Or, maybe 3rd party warranties have saved some of you lot ££££££ in the past? I would love to here anything to help me form an opinion on which company to go with - if at all!

Cheers in advance for any feedback!

James.

 

[AndyMac]

Tax on the stupid IMO. Do a search there's lots of info on here, but personally do you really want to be haggling with an insurance company when your car's off the road?
Bad enough when something goes wrong, let alone having the frustration of dealing with a warranty company who's trying to weasel out of every claim on the basis of wear & tear. Just bear in mind pretty much everything on a car that can go wrong can be written off as wear & tear.