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re: Home Warranty Services

Posted on 9/10/18 at 8:22 am to
Posted by Gorilla Ball
Az via La
Member since Feb 2006
13370 posts
Posted on 9/10/18 at 8:22 am to
Like I said, not all warranty companies pay kickbacks. In most states the kickbacks are illegal. Trust me I’m against the kickbacks. The realtor should disclose the kickback. Ahs does pay a kickback provided you provide them some information, Old Republic doesn’t pay a kickback- ever.
Posted by Gorilla Ball
Az via La
Member since Feb 2006
13370 posts
Posted on 9/10/18 at 8:30 am to
Warranties aren’t or everyone. If someone can afford to self ensure major repairs then go for it. I have seen water heaters cost over $1000. I’m not sure how much a ac unit (depending on tonnage, seer etc) heat pump etc costs - but if the consumer decideds to cover that themselves then they should do that.
Just like in any business model there are good companies and bad companies- same as technicians.
This post was edited on 9/10/18 at 9:57 am
Posted by jbgleason
Bailed out of BTR to God's Country
Member since Mar 2012
20386 posts
Posted on 9/10/18 at 8:32 am to
quote:

Gorilla Ball


You are a realtor aren’t you?
Posted by Gorilla Ball
Az via La
Member since Feb 2006
13370 posts
Posted on 9/10/18 at 8:38 am to
Nope. Try again
Posted by Mudminnow
Houston, TX
Member since Aug 2004
34216 posts
Posted on 9/10/18 at 8:47 am to
quote:

Message
Home Warranty Services by DeafJam73
My parents just replaced their AC unit. Cost around $4k. Depends on the house, I guess.



Depends on size and brand. Trane is top of the line and a Goodman may be around the cheapest

A 2.5 ton would be cheaper than a 5 ton.

But just the invoice price for a new 5 ton Trane is over 4K
Posted by CelticDog
Member since Apr 2015
42867 posts
Posted on 9/10/18 at 8:51 am to
I've had warranties on different houses.

Different companies.

Both companies well worth it.

Main thing is to go over what is or isn't covered.
Waiting 2 years to find out you have plan that doesn't cover hvac is not warranty company issue.

All such plans have an additional fee per service call. $$ varies by plan.


Posted by yellowfin
Coastal Bar
Member since May 2006
99037 posts
Posted on 9/10/18 at 8:54 am to
It’s never crossed my mind to buy insurance on appliances, I guess it’s necessary for those that live paycheck to paycheck
Posted by atxfan
Member since Jul 2004
4232 posts
Posted on 9/10/18 at 9:04 am to
We have Old Republic Platinum and just had to have our entire A/C replaced. The whole process took 3 weeks and was during the hottest time of the summer so it was a nightmare. The service co. came to install everything at the end of the 2nd week only to realize that the warranty company had ordered the wrong thing which delayed everything by another week. I started calling everyone in the company beginning with the president and they agreed to pay for the portable a/c units that we had purchased, which we later returned. All in all, 3 weeks of suffering but we would up coming out of it with a who new a/c system and a net +$900.
Posted by jbgleason
Bailed out of BTR to God's Country
Member since Mar 2012
20386 posts
Posted on 9/10/18 at 9:17 am to
So you purchased portable AC units, used them and then returned them for a full refund? And came to the OT to brag about your fraud? Nice...
Posted by Tigeralum2008
Yankees Fan
Member since Apr 2012
17754 posts
Posted on 9/10/18 at 9:22 am to
quote:

I had one for a year included when I bought my condo. Used it twice and they sent a great, competent plumber. That said I still had to pay 75 bucks a call and it wouldn’t have been much more if I called the plumber directly.


I had the seller get us the AHS Elite warranty (top of line). We used it to have an electrician ferret out the cause for some dead outlets. The company they sent was fantastic and I plan on renewing the warranty next Spring. I think the cost was $675 but I'm probably wrong.
Posted by PorcelainPunisher
Member since Sep 2018
268 posts
Posted on 9/10/18 at 9:24 am to
Home warranties are a rip off. Why not just take the money you would pay a company for coverage and just save it in a bank account for use when needed.
Posted by WhiskeyThrottle
Weatherford Tx
Member since Nov 2017
7357 posts
Posted on 9/10/18 at 9:42 am to
I had American Home Shield for our first year in our new house. I guess it's standard for the seller to pay for that. Our garage door crapped the bed and needed to be replaced. Naturally, the only things AHS would cover are the things that the $75 fee would cover. Not a motherboard going out.

Less than a month later, my AC puked all the coolant. It was the R12. Once again, they would only cover the repair work which was something I could have done myself, and the coolant was only covered up to $12 a pound. It was about $100 a pound and I needed 16 pounds. . .

They got an earful when they called me to renew the policy.
Posted by Napoleon
Kenna
Member since Dec 2007
74880 posts
Posted on 9/10/18 at 9:45 am to
This.
The average homeowner should expect an appliance failure once ever three years. Unless GE then three every one year(I kid, I kid)
Buy if you pay $95 a month that's $3,400 in three years.
The average person can replace every appliance on the kitchen or a freezer and the washer/dryer or the ac for that price.
Not to mention, you still have to pay a service fee which can actually be higher than the service fee of a technician on a cash call (meaning you pay them not a warranty company).

There are for sure times when the warranty is worth it. Especially if you haven't bought appliances since the hurricane. (Modern appliances rarely make ten years)
For the most part I don't think it's worth it.

If you do get it. Old Republic is the best to deal with.
Posted by BulldogXero
Member since Oct 2011
10379 posts
Posted on 9/10/18 at 11:21 am to
Mine covered AC repair, but I don't know anything about my plan other than it was $500 a year and paid for by the seller.

I didn't renew when it time to do so, so I don't have one now.
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