User wrote:
My home warranty is about to expire. They want $300 or so to renew
it. I plan to replace the old oven and add a microwave on my own, so
that will be a new set of appliances that would either have their own
warranty or I am assuming won't be covered by a home owner's warranty.

The only major thing I have is a heat pump which is original, about
15 years old. I've researched this and the consensus is home owner's
warranty's pretty much suck when it comes to getting those items
fixed.
Is it worth it, or should I ride it out and replace the heat pump
myself? I've had no problems with it this past year, and I doubt the
HO warranty will buy me a new one; rather just extend my pain by
continuously reparing a broken heat pump (if it breaks) and then
eventually cash me out for a minimal amount.

Does this sound about right? Should I renew the waranty or keep the
$300?

Consider this. They are still in business. That means they are making
money from those who they sell the insurance policies to (they are not
really warranties). That means they are charging more than they are paying
out, even after all the advertising and administrative expenses add in.

On the other side, maybe you can't afford to be without just encase that
big expense comes up, but many people have found out that the policy does
not really cover those expensive problems, unless they happen to occur on
the 17th of the a month without R in the name.

--
Joseph Meehan

26 + 6 = 1 It's Irish Math