A retired plumber in Edmonton changed my mind about home warranty plans
I used to think home warranty plans were a total waste of money, like throwing cash down a hole. Then last fall, my furnace gave out in early November, and I was looking at a $4,500 repair bill for a new heat exchanger. I was complaining about it at the hardware store while grabbing some pipe insulation, and this older guy in a Carhartt jacket overheard me. He told me he's been a plumber in Edmonton for 40 years and said the secret is to read the fine print on those warranty contracts because most of them are junk, but a few actually cover big stuff like furnaces and water tanks. He showed me his own policy on his phone, and it had paid out $7,000 over five years for two major repairs. I ended up buying a plan from a company he recommended, and it saved me the whole furnace cost plus a water heater leak last January. Has anyone else here had a warranty actually come through for them, or am I just lucky?