AMEX UPDATE:
Spoke with AMEX Platinum support about an hour ago, and posed this exact question:
"Can you provide additional information on how AMEX extended warranty/ service plans could help if I buy a $10k pinball machine, and a serious electrical or build problem develops in x amount of months?" Addressed both the playfields and expensive electronics with him.
He said there are several areas that AMEX would provide valuable protection on a high dollar purchase such as this. The first item they needed from me: " exact warranty statements from each company". He could then run this through their adjustment dept. and give me a definitive answer.
Can someone PM me the stated warranty from both companies? I'm sure it's posted somewhere, but want to be certain I'm giving them the right info.
Their (AMEX) extended warranty service provides anywhere from 2 to 5 years of additional coverage at no cost, if purchased w AMEX exclusively. Apparently and adjuster would decide if the machine is repairable, replaceable, etc. in regards to components as well as the entire machine.
A case request was created (told him I wasn't buying one, but wanted to be informed), and once I got them the info, they would let me know.
Sounds unbelievably promising, as it covers items valued at $10k, but not to exceed $50k in a single year.