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1 The house I bought had old but functioning appliances, enough that I'd have expected 2 or 3 calls within the year.

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2 We would actually lose some of our regular business customers as a result of the bad reputation we would have gotten from doing work as per the requirements of the warranty company, we would have actually in most cases been subsidizing the cost of the job, as they wanted to lock us into a pricing model from the 1960's. I know I have been in this trade / business for almost forty years, had relatives in the business as I was growing up, so I know. We couldn't even remain in business very long at their rates. On the other hand, we also have GREAT warranty companies out there, we recently have replaced entire HVAC systems as they were in fact non repairable, replaced complete furnaces, and condensing units as needed. In each and every one of these the customer only paid the deductible averaging some $70. 00. I wish I could say which ones are good and which ones to stay away from, but, I simply do not have a budget that can carry a full legal staff to defend these facts, or fight the bad ones when they came after me. But, you, you have the power of choice, as I said earlier, there are some very good ones out there, do your research, read the reviews. The time you put in researching these companies is going to save you the expense of not having done so, and face it, you won't be mad at yourself when you end up feeling like a fool because you believed everything the sales person said to you. I've found my home warranty to be a worthwhile purchase, but this is given a very specific set of conditions. 1 The house I bought had old but functioning appliances, enough that I'd have expected 2 or 3 calls within the year.

 

Blandit Etiam

Change to Terms of Service. Select Home Warranty reserves the right to revise Terms of Service at any time and users are deemed to be apprised of and bound by any changes to these Terms of Service. 12. Consequential Damages. This Agreement does not provide coverage for damage caused by a malfunctioning or inoperable appliance or system, including, but not limited to, water, fire and mold spores. Select, its employees, agents, shareholders or parent company shall in no way be responsible for any damages, whether in contract or tort, for any malfunctioning or inoperable appliance or system.