Home Warranty Plan

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Other January 22, 2013 at 2:57 pm

Home Warranty Plan

Has anyone purchased a home warranty plan, and which ones? Is it worth the expense? And how was the experience when something needed repair or replacement?
We just purchased out home and the appliances are roughly 3 years old so I don’t think I really need one. But the laundry machine just broke and we are getting it repaired. Now, I am trying to decide if it is worthwhile just in case. But I am thinking maybe the prudent thing to do is just save the $$$ and put it towards a rainy day fund rather than give it to a company that may or may not be so willing to help.

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Home Warranty Plans were discussed in a forum thread a few months ago. Search the forum for “Warranty” and you’ll find the discussion. I’m sure other will have more to add but that’s a start.

Thank you very much gdopplerxt! I searched, but I didn’t page down enough.
My suspicions, based on the comments in the previous post, are exactly what I thought.

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