Originally posted by continuity:
Here's a question:
Would the first option void either insurance, or an extended warranty?
Since this is a "school" and not a timed race event, your insurance is not void. However, as Eric pointed out before if something does happen and your insurance company finds out, your rates will probably go up.
Not sure about the extended warranty. I think legally the same would apply but you know how hard it can be to get them to pay up on big repair items as it is.
