Check the owners manual for maintenance intervals. Unless Honda moved to a metal timing chain, there is a recommendation for having it changed at specific mileages. Hondas are made with very close tolerances, if the (non-metal) timing belt were to break, the result would be disasterous! I have heard horror stories of the timing belt breaking while the engine was running, best case scenario - the head would have to be replaced; worst case scenario - the engine had to be replaced. If you do not have access to the owners manual, check with the service department at a Honda dealer.
Oh, if your timing belt needs to be replaced, have them do the water pump as well. It will be exposed when they change the belt, but if it were to go bad, the labor charge to get to it would be the same as what was spent to replace the timing belt!

Should I buy an extended warranty from Honda at over $1,100/yr? Bought the 2014 Accord from the original purchaser last August 2018 with only 24,500 miles on it. I plan to keep the car until it dies. However the extended warranty even form 3rd party carriers, isn't cheep.

READ THE POLICY, READ THE POLICY, READ THE POLICY. Some policies will pay for "wear and tear" others only for "mechanical defects." If the policy does not pay for wear and tear and a part fails, guess what the insurance company will say caused the part to fail, if you guessed they will say the part simply wore out (wear and tear), and is not covered, move to the head of the class.

Additionally, the cost of any extended auto warranty (at least in Washington, and I suspect most everywhere else) is negotiable, just like the price of the vehicle. Make them an offer (your quoted price seems high).

Extended auto warranties are not all bad if you actually read and understand the fine print and know what you are buying. I purchased one for my Mercedes SL 500 for roughly $3500, "list price $4250." Since it paid for loss due to wear and tear it saved me over $5000 (failed power steering pump $3200, failed front hydraulic suspension parts $2750, leaky rear main engine seal $ 1150, numerous sensors and other less significant repairs, they do not make Mercedes like they used to. I think you have to know the car, know its weaknesses and know what the extended warranty will actually cover. It's still a roll of the dice, but at least you know the odds for rolling craps.

Thanks

Check the owners manual for maintenance intervals. Unless Honda moved to a metal timing chain, there is a recommendation for having it changed at specific mileages. Hondas are made with very close tolerances, if the (non-metal) timing belt were to break, the result would be disasterous! I have heard horror stories of the timing belt breaking while the engine was running, best case scenario - the head would have to be replaced; worst case scenario - the engine had to be replaced. If you do not have access to the owners manual, check with the service department at a Honda dealer.
Oh, if your timing belt needs to be replaced, have them do the water pump as well. It will be exposed when they change the belt, but if it were to go bad, the labor charge to get to it would be the same as what was spent to replace the timing belt!