Do not buy warranty; they do not honor them.
Our leather couch was about a year old and had substantial wear on it. When we purchased it, we were told that the extended warranty would cover any unusual wearage.
That is not true. When we called the warranty company, the gentleman agreed the wearing was too much and the lumpiness of the cushions was unusual. 24 hours later, we received a phone call saying the wear (in the photograps) was usual and only cuts were considered unusual.
So, they would do nothing. I would advise not to buy there, and at the very least, don't waste your money on an extended warranty.