by 
The Curious Bag
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<h4 class="dechead">On One Hand: Home Warranties Offer Piece of Mind
According to AzCentral.Com, warranty claims---service calls related to a problem covered under warranty---cost the home owner $30 to $100, which is far less than the market rate for similar calls. According to RealtyTimes.Com (an advocate of home warranties) home warranties give home owners a one-stop shop to take care of all of their home repair needs.
On the Other: Home Warranties are Scams
According to MyBuyerBrokerBlog.com, many home owners have had their legitimate home warranty claims denied by the home warranty company. Furthermore, if home owners do not read the fine print of their home warranty, they may end up paying more than the warranty fee (which is $375 to $400) and the actual service costs. Home owners can spend an inordinate amount of following up on their claims and may be victims of poor quality repairs.
Bottom Line
While home warranties seem attractive and give home owners piece of mind, warranty companies look to maximize profits and will could try to provide the minimal amount of service possible.
Source:
MyBuyerBrokerBlog.Com: Pros and Cons of Home Warranties
RealityTimies.Com: Home Warranties Worth It?
AzCentral.Com: The Cost of Home Warranties
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