[CherokeeRose]

Originally Posted by villagetinker

It appears that most of these home warranty services operate the same way, and the homeowner is out of the loop on any decisions for making repairs, etc., which is the main reason I self-insure, then I am in charge of the entire process.

How does one "self insure" for home repairs?

[lindaelane]

Hello: Yes, I had a similar problem with American Home Shield. Well, my problem was that they would only replace the malfunctioning part, not the whole unit. They say this in the contract, so its buyer beware.

But....this is very important....I talked to an HVAC mechanic. Putting a new compressor in an old unit just results in other parts breaking (perhaps because they can't keep up...I am not sure).
'
Moral: The 20-year-old unit you have, sadly must be entirely replaced. American Home Shield will pay you what the part and labor would have cost, but no more. Also, call your electric company - when I replaced my unit there was a $500 rebate for buying any new HVAC, no certain company had to be used.

Silver Lining: You can have this done right away rather than wait weeks.

[Waltdisney4life]

Come on people home warranty is a scam we’re smarter than this!

[LuvtheVillages]

Originally Posted by CherokeeRose

How does one "self insure" for home repairs?

Simple. Have a savings account for emergencies. (You can fund the savings account with the premiums you are not paying for appliance insurance.)

When something breaks, look here on TOTV for recommendations, then call a repairperson.

You will save money in the long run.

[Pgcacace]

You might consider Broward Factory warrantee I in the future. They usually keep items in stock since they service a lot of Village customers.

[PugMom]

Originally Posted by LuvtheVillages

Simple. Have a savings account for emergencies. (You can fund the savings account with the premiums you are not paying for appliance insurance.)

When something breaks, look here on TOTV for recommendations, then call a repairperson.

You will save money in the long run.

agreed. i have an acct especially for these things, in a different bank to avoid using the $$

[Stu from NYC]

Originally Posted by retiredguy123

According to Clark Howard, home warranty and other extended warranty companies only pay out about 8 percent of the money they collect in premiums for claims.

Wow great business to go into than, they must make a ton of money.

[Red Rose]

Broward did the same exact thing to a friend of mine a couple of weeks ago.

[mrf0151]

If you cannot purchase the Manufacturers owned warranty, then you are at great risk. These second party warranties are not worth the paper they are printed on in most cases. I say this because I was in the Automotive Service Industry with a major manufacturer for 25 years. I have seen great disappointment over and over again to customers who opted to purchase a non-manufacturer warranty. You may pay a little more, but the peace of mind is worth it.

[Red Rose]

Not Broward either. A friend of mine just had the same awful experience with them regarding her A/C a few weeks ago. She replaced the A/C out of her own pocket because Broward would not hold up their end of the bargain.

[Stu from NYC]

Originally Posted by mrf0151

If you cannot purchase the Manufacturers owned warranty, then you are at great risk. These second party warranties are not worth the paper they are printed on in most cases. I say this because I was in the Automotive Service Industry with a major manufacturer for 25 years. I have seen great disappointment over and over again to customers who opted to purchase a non-manufacturer warranty. You may pay a little more, but the peace of mind is worth it.

Than you can easily wind up with 6 or more warranties. No thank you prefer to handle repairs as needed using an honest local repair guy

[rsmurano]

Why would anybody get ahs for your house or car shield for your car? They operate on he same way. The ads on tv are misleading, they claim saving thousands of $$$ but that doesn’t take in the fact that the average person has spent thousands already with these warranty companies and the customer is either paying to much or not really getting the required repair work to make the product work right

[Smalley]

I am so sorry for this expensive hassle that you are going through now. From now on, skip the extended warranty. They benefit the company and not you!

[Dusty_Star]

There are also some people 3D printing (in metal) old, no longer made parts.

[coffeebean]

Originally Posted by raney3099

Had AHS as well. My fridge wasn’t getting cold. Called and they had only one company in the area that they are contracted with, and one guy working for that company. Had to come 3 different times waiting for part then part came, installed and still didn’t work then another part and so on. Needless to say I was 3 months without a fridge, calling corporate fighting on the phone almost daily. Finally cancelled and called Broward. With one visit my fridge was fixed.

How does one live without a fridge? I'm spoiled so I cannot, for the life of me, figure out how I would do that.