Why we say this

“Many credit cards include some level of collision and theft protection. Other optional coverages include medical payments coverage, rental reimbursement coverage and towing and labor coverage.”

Last checked August 22, 2026

“Policies usually cost 5% to 10% of the total trip price. While consumers may have some coverage via homeowner's policies or credit card companies, baggage loss policies can offer additional protection for coverage gaps.”

Last checked August 22, 2026

“Some credit cards offer trip cancellation and lost baggage coverage. Most homeowners insurance policies cover personal property lost or stolen while traveling.”

Last checked August 22, 2026

“Extended warranties and service contracts cover repairs and/or maintenance for a set amount of time, but your warranty may cover the same repairs for the same time.”

Last checked August 22, 2026

“An extended warranty or service contract costs extra and is sold separately from a product. It's not a good value if it doesn't offer more coverage than the warranty that came with the product.”

Last checked August 22, 2026

“After looking at the details, you may find that a home warranty duplicates coverage you already have. Or covers only part of a product.”

Last checked August 22, 2026

“Pricing can range from several hundred dollars to several thousand. You don't need (or want) duplicate coverage. Check your existing auto warranty coverage first.”

Last checked August 22, 2026

“The average spending on add-on products was $3,334 for servicemembers and $3,196 for non-servicemembers, a difference of $138. Figures cover new vehicles, among borrowers who purchased an add-on product, for loans originated January 2018 to December 2022.”

Last checked August 22, 2026

“The add-on products often allow consumers to cancel early for a partial refund of the product cost.”

Last checked August 22, 2026

“These services, or 'add-on products,' are additional, optional services. These products will cost you money, generally through a monthly or annual membership fee.”

Last checked August 22, 2026

“Your premium cannot exceed 102 percent of the plan's total cost of providing you with coverage. The total premium includes both the share you used to pay as an active employee and the amount your employer used to contribute, plus two percent.”

Last checked August 23, 2026

“Wages and salaries averaged $32.60 per hour worked and accounted for 69.9 percent of employer costs, while benefit costs averaged $14.01 per hour worked and accounted for the remaining 30.1 percent.”

Last checked September 5, 2026

“Roughly half of FSA accountholders forfeited funds to their employer in 2022. The average forfeiture was $441.”

Last checked September 5, 2026

“On average, $86 per month was the initial amount consumers estimated they spent on subscription services. When asked to itemize, the average monthly spend for consumers was more than 2.5 times the amount they thought at $219.”

Last checked September 5, 2026

“66% of consumers were off by more than $200 with their guess, compared to 24% of consumers in 2018.”

Last checked September 5, 2026