Home Warranty
 

Has anyone have or considered the after market home warranty plans to protect things like washer, dryers , dishwashers , and ect….. I’m always getting things in the mail from American Home Shield… pros? Cons?

Thank you

Just say NO... waste of money. Warranty companies are difficult to communicate with, offer sub-par repair work and primarily will offer sub-standard replacements - don't expect a 1:1 exchange for what you may own now. Walk away.... better yet, run!

IMO, Be self insured.
 

IMO, Insurance/warranties are only usefull for big items such as health, home, and auto. Insurance companies make money in the long one even playing out claims. Small items such as appliances are not worth insurance in the long run. Some times they say take it for peace of mind. I don't stay up late at night worrying how I'm going to pay for a new one if the dish washer breaks.

Home warranties are a ripoff. If something breaks, you are locked in to one company who will decide when they will come to fix it, and whether to repair it or to replace it. They will send a substandard repair company because top rated companies would never share their profits with a warranty company. There are plenty of good repair companies in The Villages who will come to your house within a day or so. Suppose your HVAC fails in July, and the warranty company says they will send someone to your house next week?

I agree with above comments, these do not appear to be worth the money.

Thanks to all that responded .

Save your money, get insurance for big ticket items like life and homes and cars.

No..........it's a money maker for THEM.

Insure what you can not afford.

Car deductibles should be at least $1,000.

House deductibles should be at least $5,000.

Do not buy insurance for $500'ish items.

I use Broward and am happy with them. PM me for more info.

When you sell a house the buyers expect you to provide one, and you do just to give them a sense of security.

Me, I’ve never called them when we bought a house, preferring to fix/replace things ourselves.

I have never had this type of insurance, but my brother-in-law did, and it took months to get things repaired due to the fact of the age of the appliance.
Most appliances have an expected life span.
What you should weight is how much you can save during that time against the cost of the insurance.
In most cases by the time your appliance dies from the savings you can purchase a brand-new model with all new and expanded features.

Never ever buy any of these plans for your appliances or cars. They are a ripoff. I did get 1 of the extended warranty plans when I bought a new Nissan decades ago only because Nissan would give you your money back if you didn’t use it or you sold the car. I sold the car after a few years, never used the warranty, got every cent back.
The car commercials for home shield and the others have customers claim this insurance saved them thousands of dollars, but what they don’t tell you it cost them thousands of dollars in this insurance. Same goes for the home appliance warranties.

Broward has been a pleasure to deal with.Have responded many times in the past 5 years. Including a new AC free of charge. Totally recommend for an older home.

"Some" buyers may expect a warranty, but not me. As a buyer, I would reject the warranty and request a credit from the price of the house. Having a home warranty is more trouble than it is worth.

Never. The appliances they are offering coverage on have a longer warranty than your home warranty.