We've had AHS for ~ 12 years, we'd be miles ahead if we'd never had it. Too many exclusions and "gotcha's". For instance, building codes change ALL the time, any required code updates are on you.

Water heater replacement (here they won't sell a gas heater to a non licensed plumber, gotta use one) deductibles, code upgrades and flooring damage (not covered) ran us ~ $3,000. I suspect it'd been cheaper if we went our own way and just hired a plumber?

A/C system fail? They'll NEVER replace the system if they can find a part to make it operational. They'll pay only $10 / pound for freon, the rest is on you. The contractor they sent out advised us to dump them.

We got only one "win" out of it. Washing machine failed, they allowed more than enough to replace it with a top line unit, wife only had mid level desires. As long as it's sufficient for the job that all she wants.