Quote:
Originally Posted by retiredguy123
Correct - home warranties are a ripoff. Other things not to buy include extended warranties on anything, time shares, annuities, and any life insurance other than term life.
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I don't think the policies are necessarily a rip off. It's just like any other insurance, it's only good if you need to use it. The air conditioning went out on our newly purchased home and it saved us $$$$$$$.