
05-09-2024, 08:53 PM
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Sage
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Join Date: Dec 2012
Location: Somewhere over the rainbow
Posts: 15,254
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Quote:
Originally Posted by retiredguy123
I wouldn't buy a home warranty from any company, but, if you really want one, Broward seems to have better customer satisfaction than the others.
To me, there are 5 reasons to not buy a home or appliance warranty:
1. You cannot decide whether to repair or replace an older appliance. The warranty company decides.
2. No first rate technicians will ever service your house because they won't share their profits with a warranty company.
3. You cannot shop around for a technician when your warranty company is not immediately available. This can be a real problem when your HVAC system fails in July.
4. On average, only about 6 percent of the premium you pay is budgeted by warranty companies for repairing appliances.
5. The Villages has many excellent appliance service companies to repair almost anything very quickly. There is no need for a warranty company.
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And read fine print really CLOSE.
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