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Updated over 6 years ago on . Most recent reply

User Stats

110
Posts
145
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Derek Janssen
  • Rental Property Investor
  • Novato, CA
145
Votes |
110
Posts

Home warranty - if you can wait 20 days to get your fridge fixed

Derek Janssen
  • Rental Property Investor
  • Novato, CA
Posted

Looks like the home warranty my realtor put in the contract is somewhat worthless.  My tenant's fridge was limping along for the last 10 days and finally went out spoiling all their food.  Landmark home warranty offered $100 toward renting a fridge which is basically again worthless.  Apparently they think being without a fridge for 20 days is acceptable.  The only way I would consider home warranties is if I was on site and had an extra fridge and 3 portable AC units that I could deploy the same day.  They were ok for fixing a garage door and a clothes dryer, but anything mission critical - forget it.

Most Popular Reply

User Stats

3,969
Posts
2,919
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Matt K.
  • Walnut Creek, CA
2,919
Votes |
3,969
Posts
Matt K.
  • Walnut Creek, CA
Replied

generally speaking they are worthless, if they weren't profitable they wouldn't be offered. Unless you get lucky and they cover a big ticket item, they're not worth much. So many exclusions to and the hassle of them trying to repair vs replace...

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