Anyone use system or appliance warranty plans for their rentals?

[Andrew Freed]

Does anyone use a warranty plan for systems / appliances or both? I ran across this cool program by Sears (Sears Home Warrantly) where they will cover up to 21 items at a monthly rate of $70 bucks and a deductible when you file a claim. They also offer systems and appliance plans. I have an old house and suspect my furnaces might be going soon so thought this might be a good hedge. What are your thoughts?

https://www.searshomeservices....

[Mason Hickman]

@Andrew Freed These programs make money by collecting premiums and declining coverage. I would also question the long-term viability of a program run by Sears.