Making a decision to never buy another Honda based on one bad experience is a very poor one. Timing belt and Water pump are "MAINTAINANCE" and doesn't matter what car you have, you need to replace those at the given intervals. Being that your car is a 99 It would be safe to assume you're near the 100k mark which is around the time you should be changing that, actually should be done earlier around 85k-90k to be safe.

The parts for Hondas aren't expensive at all and 90% of that money you're spending is Dealer labor. Do the work yourself and it'll be a fraction of the cost.