National grid's Home Service protection plan??


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Old 01-18-11, 04:23 PM
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National grid's Home Service protection plan??

I have gas and central air and for the last 8 years, since I bought the house,I've had no problems. I haven't spent a dime on maintenance.(Other than filters) My question is the National grid's Home Service protection plan for 24 bucks per month, a good value?
Tia,
Steve
 
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Old 01-18-11, 04:42 PM
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Hi Steve, only you can decide if you think the $288 a year is worth it...

I believe this is a scorched hot air system you have? (this forum is for hot water systems) ... but whatever... in general, there really isn't a whole heckuva lot that goes wrong with them... personally I think that $24/mo is pretty steep. I'm not a big fan of 'service plans' in general.

Check the 'fine print' carefully... don't sign up until you READ IT and understand what you are, or are not, getting for that money.
 
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Old 01-18-11, 04:49 PM
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Thx for your input trooper, your right, my faux pas(scorched hot air), I'm in the wrong forum thx again
 
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Old 01-18-11, 05:12 PM
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No problem, good luck! stay warm...
 
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Old 01-18-11, 09:42 PM
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Each and every one of these extended coverage / protection plans only exist for one reason. To make money.
They have devised a vehicle with careful consideration of the facts and stats.
Unless you feel 'lucky', then practical thinking says do not invest.
That being said, they are more willing/able to accept surprises (large value claim) than normal Joe.
If a possible, covered event (read the fine print carefully) could sink you, then its worth the
periodic (smaller) payments for protection.
Apparently 'insurance' is not the 'oldest profession', but it must be close .. ?
 
 

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