Need Advice on Home Warranty Plans

[Jason R.]

Hello,

I am closing on a 3-unit building next week and it was built in 1950 with various aged appliances.  What home warranty company do you all recommend?  Thanks!

[Patti Robertson]

Just say no.  Warranty company’s are in business to make money, which means they cost consumers more money than they pay out.  This is a business, not a gambling arena.  Find a good used appliance dealer instead.  I manage for some owners who unfortunately have warranties.  We end up with tenants who go without fridges and stoves for weeks.  It it totally unacceptable.  I would never have one for my own rentals.