[quote=disimilar1]Re: purchasing a home warranty – sounds like a good idea. However how do you get them to repair or collect from the company?[/quote]
Recently I had to make a claim on a home warranty. I think what happened was the transformer in my heating unit burned out.. I think the reason while I was having someone redo the thermostat, they must have crossed some of the wires, and shorted it out. Anyway long story short, I called the home warranty company to file a claim. They dispatched on of their partnered heating/cooling repair companies…You pay a service call deductible (mine was $60)…The person came out, diagnosed the problem, coordinated with the warranty company, replaced the broken parts, did a basic walkthrouh of the system, and billed the warranty company.
Worked pretty well for me… Apparently, the warranty companies have been getting really bad reviews so they started to offer policies that are complete coverage policies. And at least with my home warranty company, they honored the heating/cooling part.My insurance policy covers the stove/oven and microwave, dishwasher, garbage disposal, electrical wiring, plumbing, etc.
.. Policy was like $335/year, paid by seller (well I paid $35 part of it). …
I’m still on the fence on whether it would be good to get one or not…The main concern is if major problem happens with heating/cooling system, that’s really expensive. Things like electrical wiring probably don’t have too much issues, that you can’t solve yourself (bad outlet, bad GFCI outlet. Bad circuit breaker)…Plumbing, leaks..Well, yeah maybe…
My warranty did not include non-built in appliances likelike fridge,washer,dryer…But I’m not too worried about… You can get warranty on that too as an add on, but those are more expensive (I think together, insuring fridge/washer/dryer would cost $200 extra per year)…It seems like getting the additional coverage for washer/dryer/fridge is not cost effective because there’s a constant steady stream of used ones on craigslist that are dirt cheap (people moving out, or leaving the area etc)…
Washer/dryer last for 3-4 years at least. So even if you had to replace a washer/driver/fridge every 3 years, you probably would still come out ahead versus getting the warranty for those…
