D Warranties Worth The Money

Sure some people have saved a lot of money with extended warranties.

D warranties worth the money.

When discussing home warranties the question inevitably comes up. Are home warranties worth the money. Extended warranties are rarely worth your money. A high end policy may cost 1 000 a year which equals about 84 each month.

Is a home warranty worth the money. A new refrigerator may run upwards of 2 000. For every dollar you spend on an extended. On top of that you ll probably need to pay a deductible for repairs either on a per visit or per repair basis.

Home warranties from reputable companies are worth it for most homeowners because they provide peace of mind that your expensive appliances and. Think about it this way. The bad news is it depends the worth of an extended warranty isn t always a guarantee meaning you won t always save money. If you need to replace a broken refrigerator in a hurry your home warranty will pay for itself.

Profits from warranties can account for as much as 70 of a retailer s operating income compared to only 10 for the products the warranties cover. Although the cost of extended warranties depends on the type of car you buy along with the level and length of coverage you need a recent consumer reports survey found the median price for coverage was 1 214.