Talk of The Villages Florida

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-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   Tower Hill Insurance Group appliance breakdown insurance (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/tower-hill-insurance-group-appliance-breakdown-insurance-327476/)

Luggage 12-22-2021 03:23 PM

If they're pushing it, they make a lot of money on it. You have to look at if there's a service charge per visit

logdog 12-22-2021 05:27 PM

$50 per year - not $600 per year. And it's equipment breakdown which includes A/C systems, heat pump as well as appliances. Also, if a power surge or lightning strike fries several pieces of equipment, they can all be combined into one breakdown.

DAVES 12-22-2021 05:40 PM

Quote:

Originally Posted by Golfer222 (Post 2041863)
I received an email from Tower insurance trying to sell me the above added coverage for 50 dollars per month with a 500 dollar deductible. Covers most appliances and electrical equipment such as TVs and computers Wondering if anybody here has this and their thoughts. States “normal wear and tear” not covered. My fear is that they will tell me that any claim I may have is due to this and not covered. Just wondering if anybody has filed a successful claim. Thanks

My OPINION. As I understand the post 500 deductible. A TV is not much more than that, possibly less depending. A computer a rebuilt computer is less than the deductible. They are asking you to pay 600 for this coverage for a year.

Does not sound like anything I would consider. The post implies you too think it is a poor deal.

nn0wheremann 12-22-2021 06:27 PM

Quote:

Originally Posted by Golfer222 (Post 2041889)
Sorry. 50 dollars per year with a 500 dollar deductible

Washer died last November. I bought a new Amana washer, high efficiency, large capacity, delivered, set up from Home Depot on their Black Friday sale for about $300.

Bought a used Ford from Car Max a few years ago, with. $1400 extended warranty. The warranty paid for some struts and a starter, and a couple of other things. It saved me about $1400.

A friend has a maintenance policy from Broward, it paid off when his AC was damaged by a storm. Other than that, I have never seen extended warranties that were worth the price.


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