Originally Posted by
Johnny Reb
If you have a strong enough emergency nest egg, then why would you consider the home warranty? A home warranty, or any warranty, is not an investment. Think about it for a second. Do you think you can honestly pay $500 for a home warranty and then get a $10k AC unit if yours goes out? If that was the case there would not be any Home Warranty companies still in business. They are in business to make money.
Sent from my iPhone using Tapatalk
What Johnny said. If you think that home warranty company is gonna eat 10k on 2 new systems you'd better think again. They're gonna find the cheapest vendor and the cheapest equipment, do the math and tell what they'll cover and it usually ain't what it'll take to address the issue. And while you bicker back and forth with em, you'll be without A/C for that much longer. It's a headache.
The house we moved in to last summer came with one. We realized a stove eye was not working during the pre-inspection, so they agreed to fix along with some other issues. But they didn't. We got so frustrated with them and their shenanigans prior to closing we said we'll take the house as is and just fix em ourselves. Luckily the warranty company covered most of the stove issue.
Then we had our dishwasher literally catch on fire. Once again, a $100 deductible out of my pocket for a tech to come on site to tell me what I already knew... "yup, it's burned slap up." They said they'd only cover what it would cost for a "like model". They have the final say on the matter, and said they were only writing us a check for $300, which would barely cover a bare bones, base model dishwasher that's loud and not very energy efficient. Luckily a long time ago had Bosch issued a safety recall for the whole fire hazard thingy on the unit, but we had no idea into after the for. So Bosch comped us $400 towards a new Bosch unit if we buy directly from them. So after deductible, plus $300 the warrant company said they'd cover, plus the $400 break from Bosch we still ended up paying $125 for a new unit and it was a nice one. Which ain't bad, but when you crunch the numbers on what the warranty cost, I'm pretty sure any savings were negligible. Plus my time is very valuable to me, so there's that.
Then our pool pump burned up a month or so ago and I couldn't find a vendor to work on it because the warranty company wouldn't commit to paying them any sooner than 60-90 days. So I ended up buying the motor and installing it myself and then sought reimbursement from the warranty company. Pool was down for 2 weeks getting green as hell while we went back and forth with them. Major pain in the ass.
The headache of finding a vendor to do the work, then fighting with them over what they'll cover and what they won't, just put some damn money away and go buy a new appliance when it burns up. It's just easier that way.
Sent from my SM-G930V using Tapatalk
Last edited by willyworm; 07-16-2017 at 09:49 PM.
[SIGPIC][/SIGPIC]
Delta in a nutshell: Breeding grounds + small wetlands + big blocks of grass cover + predator removal + nesting structures + enough money to do the job= plenty of ducks to keep everyone smiling!
"For those that will fight for it...FREEDOM...has a flavor the protected shall never know."
-L/Cpl Edwin L. "Tim" Craft
Bookmarks