Get Lots of Questions About Home Warranties
Well, as with any insurance, they're betting against you. They're trying to get you to make a monthly payment forever that maybe you'll forget about. Costs range from $400 to over $1000 a year. What is actually covered varies considerably. You always have to pay a service fee. This article from the Washington Post lists the pitfalls and recommends just having a savings account for repairs. They also suggest you ask for the cash value of warranties offered by sellers, in
