By Catherine Powell
|Image courtesy picpedia|
Now that I’ve found myself working from home for the past few weeks, I have to admit I’m spending more time watching TV than usual. While I try to tune out most commercials, one that caught my attention was for a home warranty company. The ad makes the case that if you own your home, the last thing you want to do is wind up plunking down a big chunk of change when any of your major appliances go on the fritz. When you consider the cost of washers, dryers, water heaters and dishwashers cost hundreds of dollars, refrigerators and ovens can cost $1,000 or more, and central air conditioning systems cost multiple thousands to replace, then insuring them might be a good idea. Especially since your homeowner’s policy doesn’t cover these items for normal wear and tear. So, I thought I’d look into the matter and provide my loyal readers with some food for thought.