So you bought a house with an older furnace, and just to be on the safe side, you get a service/maintenance contract for peace of mind. Eventually you buy a new furnace and it comes with it's own warranties etc. and therefore, no longer need that maintenance agreement. Did you realize that you might not be able to get out of that agreement?
There's another worthwhile column by Ellen Roseman in today's Toronto Star that's definitely made me think twice about ever considering a service contract for my furnace. Or, at the very least, I would be very careful about who it's with *and* the specific criteria.
In some cases, even moving to another home isn't enough to void the agreement.
I'm not suggesting that we don't need regular/preventative maintenance on things like a furnace - warranties often indicate that it's required to keep the warranty in effect. But I'm able to manage the reminders etc. myself in my calendar - I don't need them to call me and I'd rather pay the fee for the actual service calls than continually shell out "insurance" money.
As my Dad always use to remind me "Money-in-pocket will always be in style".
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