Why do you need a home warranty? Does it help protect your valued investments? If this is the wise option for your home’s protection, will you postpone your decision? Hopefully not, because a home warranty surely will give you security and peace of mind. Here are some of the things that you should know more about home warranty.
What is a Home Warranty?
It is a contract that provides a plan that covers repairs and replacements for home appliances and household systems. A home warranty protects all the guaranteed items from a breakdown brought about by common and ordinary wear and tear. The warranty covers the repair and services for all the parts and components of the items. It also covers repairs and services for household systems. Click Here to know more about services and warranty options.
Some of the household systems covered with a warranty are a good pump, electricals, plumbing system, the heating, air conditioning system, and even your pool and spa. Thus, it is useful to cover your household systems with a warranty because of the potential expensive repair cost that may come up after the suppliers’ warranty period. Potential home repair and maintenance cost is around $1,105 on normal repairs and $1,206 on emergency repairs.
How Does Home Warranty Works?
Dealing with appliance malfunctions’ small nuances can be burdensome, especially if each time that this happens cost you an equivalent amount of money. Thus, a home warranty is highly recommended. The warranty applies to both new and old units outside of the manufacturer’s warranty period.
The manufacturer’s warranty ends up in a specified length of time. Manufacturer’s warranty is a Federal Law requirement issued by the manufacturer or the seller to make an important stand behind the product at a given period. Within this period, an appliance can not be covered yet by a home warranty. But as soon as the manufacturer’s warranty expires, only the home warranty provider’s services come in.
You can use the home warranty plan every time you request services from the warranty provider. You can file a claim with customer service, and the company will send technicians to assess the problem before they will fix the unit. No more to worry about the cost of repairs since everything under warranty is being covered already.
How Much Does It Cost?
There are several plan options to choose from. You can get a low-priced plan or the more expensive one. You can even get a plan with options for the coverage of your choice. Nonetheless, all plans are worth buying, and here are some of them:
The Basic Plan
The cost of the basic plan is roughly around $378 per year. It includes a limited list of appliances and several household systems. Some of the appliances and household systems included in the coverage are:
- Ovens
- Gas stoves
- Dishwashers
- Microwave
- Garbage disposal systems
- Ductworks
- Garage doors
- Fans
- Electrical system
- Plumbing
The Total Plan
The total plan costs around $450 per year. This plan is an upgrade of the basic plan; this means that the plan provider will add additional items to your basic plan. Since additional items are the basic ones found in your homes, better yet, consider the upgrade and enjoy the coverage of the total plan.
The Optional Coverage
The optional plan is the flexible option. There is no specific amount on the plan because you can choose to add any items from the list. And each of them has a corresponding amount that applies to a specific item such as:
- Pools
- Spas
- Central Vacuum
- Refrigerators
- Well pumps
- Some Roof Repairs
- Stand-alone freezers
- Septic systems
Where To Get A Home Warranty Plan?
Several home warranty companies provide plans and coverage according to your needs. They have different expertise, branding, and specializations. Always know them before you decide to have a plan with them.
If you are more of a perfectionist and meticulous when it comes to service, you could find a company with the best service brand. And if you need to have customization for plan coverage, a company with the best customization plans can provide your needs. If you need more flexibility, then get offered the best flexible deal from the most flexible company. And if you want a low deductible plan, a company with the offer can provide it. Thus, it is to your judgment which best fits your needs and suits your budget.
Takeaway
A home warranty plan is a must-have in every home. It provides security on the repairs and services for your home appliances and household systems. Without hassles, you can get them at several plan options with different coverage.
In getting a home warranty plan, you can select providers with different brands and expertise. They provide you with the most suitable plan that best answers your needs. They can even customize your plan according to your needs and your budget.
