Consumer Reports: Home warranty warning
· KRGV (NBC 5)
Consumer Reports warns that home warranties may not provide the protection homeowners expect. While these plans can help cover repair costs for appliances and major home systems, they often contain exclusions that can lead to denied claims. Issues such as poor maintenance or preexisting problems can affect coverage. Homeowners should check if their appliances are already covered by the manufacturer or builder before purchasing a warranty. Additionally, be cautious of scams that send misleading letters about warranty expirations. Instead of a warranty, consider self-insuring by saving money for future repairs.
AI summary · Source: KRGV (NBC 5) →