CF'ers have given decent advice (some have not) about other home/yard related topics in the past, so I'm wondering everyone's thoughts on Home Warranties. We purchased our first home in Ankeny last summer and we included a Home Warranty policy at that time. The time has come around to either renew the policy for another year, look into other Home Warranty companies or policy options, or ditch it completely. Our situation: Home built in 2004 (South Ankeny, Suburbia area). AC/Furnace/Water Heater original to house Kitchen Appliances are only 3-4 years old Washer and Dryer are under a year old. Covered Items on current policy: Heating, Washer, Dryer, AC, Light Fixtures, Dishwasher, Ceiling Fans, Fridge, Electrical, Garbage Disposal, Plumbing stoppages, Doorbell, Humidifier, Range, Oven, Garage Door, Water Heater, Plumbing, Built-In-Exhaust. Service Call Fees are $75. Not sure on deductible information is something big should fail. They are wanting to charge $719 for the year. Typically I am not one to like extended insurance coverage as I see it as a waste of money. We just refinanced a car loan and I had to convince the wife and lender that we didn't want to waste money on Gap insurance. Just looking for general thoughts on this topic.