In most things I agree an ESP is a waste. Especially on electronics like TVs and Audio equipment. Those things usally will fail in the first month of they're going to fail. For the few that don't if you add up the cost of the ESP for all that stuff and put it aside you could by your own replacement and have money in the bank leftover.
However, with the bikes and the cars it's peice of mind. I always get an ESP for the length of my payment. This way I don't have to worry about being stuck with an outragous repair bill on a bike that I can't get rid of. I do ride the wheels off of them. And the HD plan is unlimited mileage. If I keep my current average I'll have over 150,000 miles on my bike when my 7 years of payments are up. It's not unreasonable to assume a major drive line componant and probably a radio or CB module. If any of those would happen my 1800 ESP will have payed for itself. And if nothing goes wrong? $220 a year for peice of mind. I spend more then that on chrome!
Ride Safe,
J-Carr