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6 Key Reasons Behind Choosing A Home Warranty Policy

July 15, 2021

One thing that a homeowner never wants is home appliances and systems breakdown. Unfortunately, most home appliances and systems are prone to breakdown or malfunction, especially when they are aged. Fixing the broken home appliances and systems can be an expensive affair. That is exactly where a home warranty plan comes as a big rescue. A home warranty is a service contract that protects homeowners against costly repairing or replacement costs of the broken home appliances or systems. Now, this article is going to tell you the reasons behind choosing a home protection warranty policy.

What does a home protection warranty plan cover?

The coverage depends on the warranty plan provider and the plan. Usually, a home warranty plan covers the home appliances and systems like refrigerators, washers and dryers, microwaves, garage door openers, water heaters, electrical systems, plumbing systems, swimming pools, home roof, etc. Most home protection warranty companies offer extended coverage for additional costs.

The reasons behind buying a home warranty plan:

Home warranty plans offer several benefits and in this article, we are going to talk about them.

1. Saves money on expensive repairs and replacements:

One of the major reasons for buying a home appliance policy is that it helps you save a significant amount of money on repairing or replacement of a broken home appliance or system.

For example, usually repairing a refrigerator may cost around $250-$650, depending on the model and complexity of the issue. Also, you would need to pay the diagnosis fees or charges. With a home protection warranty plan, you can save a good amount of money on repairing or replacing the refrigerator. The plan provider will take the responsibility of repairing or replacing costs. You will just have to pay the service fee of about $50 to $100.

2. Access to a certified contractor in your locality:

With a home protection plan, you need not invest your time and energy on finding and contracting with a certified repairing professional in your area. The home warranty company has a network of certified contractors in your area. When you register a claim, they will send a professional repairing contractor to your doorstep.

3. Perfect peace of mind:

You know that your home protection plan will cover the repairing or replacement cost of your major home appliances or systems if they break out. This will always give you the optimum peace of mind.

4. Increase your home’s value:

a home protection plan increases the value of your home. If you are planning to sell your home, the home warranty plan would help you attract more potential buyers.

5. Attract tenants:

People always prefer to rent a home that is protected with a warranty plan. With a plan, you would be able to attract more tenants than without having a plan.

6. Zero hidden charge:

A home warranty provider like ServicePlus offers no hidden charges. You will just need to pay the annual premium fee and the service fee when you file a claim.

Always remember one thing that home warranty plans are worth the cost when you choose the right home protection warranty companies and invest in the most tailored-made plan that meets most of your requirements.