Most American people are concerned about taking the right steps to protect their homes and they depend on home insurance for that. What they don’t realize is that home insurance covers the damages to homes due to theft, fire, storms, and other natural disasters but they don’t cover the breakdowns of home appliances and systems due to regular wear and tear.
If you want to cover your home appliances and systems that make your regular life comfortable then you need a home warranty plan.
Unlike home insurance, your home warranty plan covers the breakdowns of your critical appliances and systems under it. For example, if your air conditioning system is failing to cool your room due to a technical issue, your home insurance won’t do anything. With a home warranty plan that covers your air conditioning unit, you can have it repaired or replaced. You have to file a service claim to your home warranty service provider and they will send a professional technician to your doorstep to inspect the problem with your appliance or system and get it repaired or replaced accordingly. It’s that easy!
What is the most important benefit of having a home warranty plan?
You can realize the real benefit of a home warranty plan when you weigh its cost against the cost of replacing a critical appliance or system.
For instance, if have a home warranty plan that covers your refrigerator, you can easily get your refrigerator repaired or replaced when it wears down due to regular usage. On the other hand, if you don’t have a home warranty plan, you will have to pay the repair or replacement cost out of your pocket. The cost may exceed $1,000 also.
With a home warranty plan, you will just have to pay a small service fee or deductible at the time of repair or replacement. The deductible ranges between $30 to $60.
How long does a home warranty plan last?
Most home warranty companies offer plans that last for one year. Some home warranty companies have 2 or 3 year long plans as well.
Every home warranty plan comes with renewal flexibility so that you can continue the plan if you enjoy the benefits of your home warranty plan.
How soon will your home warranty plan take effect?
Once you purchase a plan and sort out all the necessities, you will have a 30-day waiting period and then it will go into effect.
What to do before choosing a home warranty company?
You should know how legitimate the company is. It is always a good decision to check the reviews online. See what other customers are saying about the company and how the company is dealing with negative reviews. If the company promptly replies to its customers, it means they have a good support team and the company cares for its customers. It is always better to purchase a home warranty plan from a company that boasts many positive reviews online.
If you are looking forward to knowing more about our home warranty plans, click here.
