Home Warranty- Renew or run?

[Tricia Laux]

Hello, 

When we purchased our first SFR last year, out realtor gifted us a home warranty through Cinch. We have used them 2 times ($150 deductible per call). First time was plumbing- they had to replace the main shut off valve in the house. The plumbing company was local and great, and there were no tenants in the house yet. Overall, good experience. The 2nd time, the tenants were moved in and the dryer belt snapped. I told them the dryer belt was snapped (I knew from experience). Not even remotely a good experience (took over a week, 3 visits, no communication from any of the companies involved), I knew then and there I would not extend the contract for another year with them. My question is, as its expiration is nearing, should I even go through getting another HW? I have 2 different handymen that are both great price-wise and work-wise. Most of the main systems in the home are relatively new (hot water heater- 3 yo, HVAC/ heat pump 1.5 yo, roof 5 yo, new toilets, new garbage disposal), and the house is 33 yo. I more like the HW for the appliances and potential for replacement (washer/ dryer/ dishwasher/ refrigerator/ oven). Should I increase my cap ex savings instead of getting another HW? Does anyone recommend a HW company? Thanks for any input!