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Benefits of Having a Home Warranty
Budget Protection
Homeowners typically spend an average of $2,000 to $4,000 annually on repairs and maintenance for their home’s systems and appliances. A home warranty can significantly reduce this burden by covering most of these costs for a fixed, affordable rate.
Increased Home Value
Homes with a home warranty can sell for up to $2,300 more than homes without one.
Protects Aging Homes
Homes over 10 years old are three times more likely to experience costly system failures. A home warranty can help safeguard homeowners from these risks and prevent expensive repair bills.
Here’s a simple guide to help you make the right decision >Assess Your Needs
Make a list of your home’s major systems and appliances and note their condition. Consider the age of your home and appliances, and the climate in your area.
Understand Your Coverage Options
Basic plans cover essential systems, while premium plans might include appliances. Optional add-ons are available for pools, hot tubs, and more.
👉 Find the perfect provider in your area with our easy quiz.Check for Pre-Existing Conditions
Home warranty providers generally don’t cover pre-existing issues, so ensure your systems are in working order before applying.
What Does a Home Warranty Cover?
Coverage typically falls into two categories: systems and appliances. Some providers allow you to customize your plan, while others offer preset packages.
- Systems Coverage
Includes major home systems:- HVAC
- Electrical
- Plumbing (including stoppages)
- Water heaters
- Ductwork
- Appliances Coverage
Covers essential appliances:- Refrigerators
- Dishwashers
- Ovens
- Washers & Dryers
- Built-in microwaves
- Garbage disposals
- Optional Add-Ons
Customize your plan with:- Pool and spa equipment
- Well pumps
- Septic systems
- Central vacuum systems
Conclusion
A home warranty is essential for protecting your home’s systems and appliances. By understanding coverage options, claims processes, and benefits, you can make the best choice for your home and budget. Be sure to compare providers and read the fine print before committing.
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