Posted by Ronald * Starr(in No CA) on August 03, 2003 at 17:29:32:
If you look at the terms of the agreement I think you will see that you have to pay for every visit to your home. There is a “deductable” for every trip to your house involving work.
In my opinion, the warranties are about worthless. If you can do some of the work yourself and you know how to hire handypersons in your local area, you should not buy one in my view.
Very occasionally somebody gets a good payoff from such a warranty. Most times, nope.
Good InvestingRon Starr**