I talked to many reps and they told me that. the top stuff is worth paying for if you use the warranty a few times you know like closing a car door on the pole or stepping on it while in the boat
My friend went peacock bass fishing in the Amazon and I almost forced him to take an ugly stick I had along with his gear. those fish are savage fighters and he along with the others broke their poles and he was able to use the ugly stick to catch 7 big bass. lent it to the other guys with the guides giving the rest ugly sticks. all of them had $200-$300 poles. then you have to ask yourself if the product was so good would you need that warranty. if you feel that is the way to go then that is your choice