Let’s face it. You spend a lot of time and money buying a home. If you think the process ends when you find a home of choice, it doesn’t. The next step is looking for the right home warranty for your home. We recommend purchasing a home warranty to all our clients, especially first-time homeowners.
Before looking for one, you’ll need a brief of knowledge about a home warranty.
WHAT IS HOME WARRANTY
So what is home warranty anyway? People often confuse home insurance and home warranty. Home insurance covers damage caused by fires, lightning strikes, windstorms and hails, while home warranty covers specific components of your home. When you contact your home warranty provider they will connect you with a service provider to inspect and evaluate your problem. Depending on the plan you select there may be a nominal service fee but that should be your only out of pocket expense.
Most companies offer tiered plans with more items being covered the higher the plan price. Here are some of the systems that may be covered by the plan you choose.
- Heating System
- Air Conditioning
- Water Heater
- Washer and dryer
- Kitchen appliances
- Some plumbing coverage
QUESTIONS YOU SHOULD CONSIDER
Choosing a right home warranty may be tough for you. To help you out, here are questions you should consider before selecting a home warranty.
How Much Does It Cost?
While home buyers often required home insurances and mortgages, home warranties are entirely optional. A basic home warranty costs about $350 to $500 a year. The policy’s price depends on the type of warranty product bought.
Most companies offer tiered plans with more items being covered the higher the plan price. When you purchase a premium home warranty subscription you’ll definitely get specialize inclusion and benefits.
Is Your Warranty Right For You?
As a homeowner, you need to understand your home before looking for home warranty providers. Different kinds of home warranty specialize in different types of services.
Remember, having a brief of knowledge about home warranties can help you find right services you’ll need.
Here are different types of home warranties:
- Systems and Appliance Warranties
- Structural Home Warranties
- Remodelers Home Warranties
- Extended Home Warranties & Service Contracts
- Appliance Warranties
ADVANTAGES OF HAVING A HOME WARRANTY
Having a home warranty can save you time, money and future headaches. As a homeowner, you need to maintain your home carefully and a home warranty can help shoulder the cost of some repairs.
There is a lot to love about home warranty service contracts, here are the advantages of having one:
- Peace of mind
- It’s an easy fix
- A warranty is relatively inexpensive
- Avoid going into debt for expensive major home repair
- Your warranty may be free
- Choose the protection that fits your needs
DISADVANTAGES OF HAVING A HOME WARRANTY
Sadly, having a home warranty isn’t always good news. Make sure that you understand the policy and contract carefully to avoid future conflicts.
If you don’t fully understand the policies of your home warranty, you may be in for a surprise when an issue arises. Don’t assume:
- Your policy will replace a faulty component
- You can call your favorite service provider
- The warranty will cover the entire cost
Another common problem is you can’t choose your preferred service provider if you don’t like the quality of services they do, you may be stuck with them.
If you are looking for home warranty providers near Kingstowne, you’ve come to the right place. We listed trustworthy and quality home warranty providers below.
In search of other reliable services around the area? Click here for a consolidated list of trusted vendors near you.
HOME WARRANTY PROVIDERS
American Home Shield
Contact number: 888-429-8247
Business website: www.ahs.com
Old Republic Home Protection
Contact number: 800-445-6999
Business website: www.orhp.com
Contact number: 800-941-9000
Business website: www.hmsnational.com