I've worked with plenty of these companies and could write a book about the negative experiences with home warranties! Substandard contractors, excuses on why something is not covered (but they can take care of it for $$$$), out and out dishonesty, etc. While some people have had positive experiences in general they give one a false sense of security. Now if the house was 15-20 years old and still had all the original equipment (water heater, HVAC units, etc) it "may" pay to have the warranty......especially if somebody else had purchased it for you.
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My money talks to me-it usually says goodbye!
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