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Do you do product registration?
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I do not, because if my product brakes, I would spent more money traying to make the warranty valid, that and loss time. It's such a useless procedure where you do a little work for the company for free (give them info directly), when people actually can earn money answering actual polls.
This is my experience as well. I have no faith in warranties or insurance. If it happens to have a warranty I'm willing to spend only a few minutes trying to redeem then I move on with my life. This led to me spending more time looking for high quality products and companies before purchases which is probably a good thing.