Home warranty insurance
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Home warranty insurance (by Joan [MD]) Jun 12, 2024 11:01 AM
       Home warranty insurance (by Tim [CA]) Jun 12, 2024 11:15 AM
       Home warranty insurance (by Tim [CA]) Jun 12, 2024 11:17 AM
       Home warranty insurance (by WMH [NC]) Jun 12, 2024 11:24 AM
       Home warranty insurance (by Doogie [KS]) Jun 12, 2024 2:05 PM
       Home warranty insurance (by Jim [CA]) Jun 12, 2024 5:11 PM
       Home warranty insurance (by 6x6 [TN]) Jun 12, 2024 8:53 PM
       Home warranty insurance (by zero [IN]) Jun 13, 2024 8:26 AM
       Home warranty insurance (by FloridaNative [FL]) Jun 13, 2024 10:09 AM
       Home warranty insurance (by zero [IN]) Jun 13, 2024 6:31 PM
       Home warranty insurance (by Heartland [NC]) Jun 14, 2024 7:47 AM

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Home warranty insurance (by Joan [MD]) Posted on: Jun 12, 2024 11:01 AM
Message:

Does anyone have a home warranty service that they can recommend. I've tried American Home Shield and choice warranty service and both of them rejected my claim once they got there and of course after they collected their fee. I have a couple of rental properties in the Maryland area.

please advise --73.46.xx.xxx




Home warranty insurance (by Tim [CA]) Posted on: Jun 12, 2024 11:15 AM
Message:

My agent bought a home warranty on a property I bought. It was a scam. The techs they had were lousy and the co-pays for a replacement item are rediculous.

If you think about it (and remember they are taking their profit out of your payments) the only way you get ahead on the deal is if someone else get screwed. In this scenario are you going to be on the plus side or the minus side???

--73.2.xx.xx




Home warranty insurance (by Tim [CA]) Posted on: Jun 12, 2024 11:17 AM
Message:

I was in the automotive industry for a few decades years ago and the auto warranty outfits were just as bad. I wouldn't be surprised if the same companies (under different names) were behind extended home warranty and auto warranty biz. --73.2.xx.xx




Home warranty insurance (by WMH [NC]) Posted on: Jun 12, 2024 11:24 AM
Message:

The trouble with any warranty is the TIME it takes to collect, even if it pays.

We had a new washer fail under warranty (shocker, usually it's a week after the warranty ends.) Weeks to get an appointment with their tech, weeks to get the part, weeks to get another appointment to install - and it was a covered repair. Tenants were without a washer for a month or more.

Then it broke again.

We replaced it with used for $150 in one day. --198.54.xxx.xxx




Home warranty insurance (by Doogie [KS]) Posted on: Jun 12, 2024 2:05 PM
Message:

I used to sell these. They are just a way for a real estate agent to get a kick back IMO. They can be good for some folks, but as described above, they aren't for rentals. The reason is the time involved in getting it fixed. It can be months before it's fixed. I don't see that as very fair to the tenant when they are paying for the service to work.

The other thing I REALLY don't like about them is they will go with the CHEAPEAST possible route they can. They have no issue putting a new part on a 25 year old HVAC system. In reality, it should be replaced. But if it only needs a new circuit board, you end up with a new circuit board on a 25 year old system. Sure, you're paying the premium to fix whatever is broke, not replace it. However in this scenario, it doesn't always make sense.

I find it better (for me anyway) to make sure I have a cushion in the bank account so that if the HVAC system goes out, I can just send the guy out and have it replaced. The warranties are going for $1k/year (around here, last I heard anyway). I probably save money comparatively because the systems they cover don't go out yearly. --45.17.xxx.xxx




Home warranty insurance (by Jim [CA]) Posted on: Jun 12, 2024 5:11 PM
Message:

Save your money to pay for repairs yourself. Home warranty companies are not in the business of losing money. They will stall, send out poorly qualified, repair people, or try to disqualify the claim for some reason. --146.70.xxx.xx




Home warranty insurance (by 6x6 [TN]) Posted on: Jun 12, 2024 8:53 PM
Message:

I see a similarity between them and insurance companies. --76.129.xxx.xx




Home warranty insurance (by zero [IN]) Posted on: Jun 13, 2024 8:26 AM
Message:

Realtor got with me about a tankless water heater. New owner moved in and the thing stopped working.

I gave a quote for a replacement. Warranty company agreed. Then after I did it they balked by about $500. The seller and buyer realtors came up with the difference. It also took a long time for the check to get to me from the insurance company.

I have stopped doing things like that, but I could see the way they operated and it was not a good thing.

One realtor in the area pushes buyers to get a home warranty instead of an inspection. Not only is that unethical, but I think it is against the rules as well. --107.147.xx.xx




Home warranty insurance (by FloridaNative [FL]) Posted on: Jun 13, 2024 10:09 AM
Message:

Both of those companies, AHS and Choice are awful. If you read the actual warranty contract, not the marketing info, its a wonder that anything is actually covered. I stopped including them in listings/sales over 20 years ago because the difficulty outweighed the benefit. I have used a local a/c co here for warranties at my expense that is decent and the a/c is the thing that is most likely to stop working immediately after closing if the system is working but aged at inspection.

Zero, that agent that pushes buyers to get a warranty instead of an inspection is totally unethical and probably should lose her license IMO. --98.211.xxx.xx




Home warranty insurance (by zero [IN]) Posted on: Jun 13, 2024 6:31 PM
Message:

FloridaNative, I concur whole heartedly.

He is the highest closer in the area tho. --107.147.xx.xx




Home warranty insurance (by Heartland [NC]) Posted on: Jun 14, 2024 7:47 AM
Message:

First American Home Warranty is another warranty company I had poor service and would never use again. --45.37.xxx.xxx



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