Would You Recommend Purchase of Home Warranty?
I own a well-built, 25 year old home in Northern Virginia. Neighbor recommended purchase of American Home Shield policy, which covers repairs/replacements of appliances, hvac, electrical, plumbing, ceiling fans, water heater, etc. should they break. There is a deductible, and policy costs about $450/year. Have you heard of this type of insurance? What is your opinion?