As a homeowner, don’t shy away from signing a one-year service contract or a home warranty. It could reward you with plenty of benefits in the long run. Buying a home is not an end to your expenses. On-time maintenance of the property can save you big bucks. If this sounds like an expense you could choose to turn a blind eye to, you are hugely mistaken.
Small and meager repair works, if ignored can pile up into something major in no time. It is always advisable to use your smarts and invest in a home protection warranty.
Whether it is the appliances that need petty repairs or major systems that need a check and replacement, the warranty saves you big bucks. That being said, a plan is only as good as the coverage it offers.
What does a home warranty typically cover?
A home warranty covers an array of everyday home appliances. It also secures major home systems. From ductwork to hot water heaters, electrical, plumbing, sewerage, and HVAC, the warranty work wonders. However, it is the coverage that plays a big-league role.
Some of the appliances that are ordinarily covered by any home warranty include:
- - Dishwasher
- - Cooktop
- - Air conditioning
- - Oven
- - Garbage disposal
- - Doorbells
Since refrigerators are found in almost every home, you can choose to secure the appliance using a home warranty with an add-on coverage. Speaking of add-ons, the trouble of keeping tabs on swimming pool equipment and pumps is challenging. Repairing or replacing the same in case of a breakdown is an expensive venture. Save the trouble of footing long expensive bills by opting for an add-on along-with the usual home protection warranty.
Can you cover the costs of repairing a roof using a home warranty?
Fixing roofs are a big deal and costly as well. Very few contracts are available to cover the expenses of repairing or remodeling the roofs. However, always stay on toes and look for added coverage up for grabs, if any.
What type of protection plans can you pick from?
If you are of the idea that a standard home warranty is enough, you might want to dig deeper. There are specific plans that cater to specific appliances and systems. For example, your home warranty might only cater to the HVAC and heating system in your crash pad. If the electrical wear off, you will have to shell out a good amount of money to get it repaired.
Second, on the list is a standard warranty with valuable add-ons. This option allows you to shop for coverage against appliances that you reckon is crucial. Whether it is a septic tank or a built-in microwave, you can buy add-ons for as many appliances and systems you wish to cover. The choice is entirely yours.
Last and the most preferred option is a comprehensive home warranty. The plan might cost you extra, in comparison with the standard warranty. However, if you have a multitude of appliances and systems running in your household, you might want to purchase this protection warranty. Little did you know, but a comprehensive home warranty can offer coverage against pest control requirements as well.
How many repairs can you address during the tenure of your warranty?
Quite frankly, it depends on your home warranty company and provider. Mostly, companies refrain from putting limits. You can go ahead and repair what’s necessary. For better understanding, go through the limitations and exclusions with a fine-tooth comb, mentioned on the home warranty contract papers.
Buy a home warranty without any delay. Moving in and maintaining the ins and outs of a property is quite stressful. At-least with the appliances and home systems secured, you can enjoy a breather.