Gray Flannel Dwarf

11/14/2006

Smart Money…

…I hope.

I just got notice in the mail of the impending (February!) expiration of my home warranty. Of course, therein they also supplied a number to indicate how much it would cost to renew.

Well, I can’t remember offhand how much it was last year, but it certainly wasn’t $489.

Now, I’m not gonna bust the chops of my current home warranty company — they’ve done a great job getting coverage claims taken care of, I can’t complain too much. But nearly $500 for a warranty seemed a bit steep… and with a kid on the way, every little bit counts.

Enter USAA… they’ve got a recommendation for another company, and through them, I saved about $150 on this company’s base coverage package. It may differ slightly, but it’s about the same. Tack that hundred back on to get AC coverage (which isn’t included in their base) and my home warranty is going to be about $380-ish. Not so bad.

One thing this new provider doesn’t cover as base are the washer/dryer/refrigerator appliances. I could tack that on for another hundred, too. I deemed that coverage unnecessary, however. One weird thing I learned when moving to NC was that, generally speaking, these major appliances don’t convey when a home sale occurs. Dunno why — maybe it’s the market, or maybe the market in DC was just so off-kilter — not sure. Either way, I was surprised to have to buy these items upon moving down here. In any case, because of this, they’re all less than two years old in our home, so I would think I could avoid warranty, at least for a while. Didn’t have that option with the old company, who threw everything and the (ahem) kitchen sink into the mix for one fee.

In the end, lower home warranty costs, and the claim deductible is fifteen bucks cheaper too. I trust USAA’s recommendation, and am hoping it works out in the long run.


Tags: , , — cswiii @ 10:19 am