Home Warranties
It sounds like a great deal -- for a few hundred dollars a year, a home warranty will take care of everything that goes wrong with your home and its major appliances. Sound too good to be true? Well, quite a few homeowners would agree with you, including those whose complaints are indexed below. The long and the short of it is home "warranties" are actually service contracts with all the loopholes and drawbacks that implies. For a much more complete examination of the subject, see David Wood's Home Warranties Not Always What They Seem.
