We all need a home, either for a short-term purpose or long-term residence. When we buy a pre-owned home, we know that there will be a chance of facing hassles due to the breakdown or malfunctioning of major home appliances or systems. In such a situation, you have two options either go for expensive repairing or replace the entire item. The truth is that both options can burn a hole in your pocket. This is exactly where a home warranty plan works as a life-saver.
It’s an annual protection plan that covers the breakdown charges of broken home appliances or systems in form of repairing or replacement. The present market is overflooded with a lot of companies offering home protection services in this is the reason why it is challenging to find a perfect home warranty company.
To help people find a perfect home warranty company, we have done critical research and listed down some crucial home protection plan buying tips-
Top home warranty purchasing tips:
1. Determine your requirements:
First, you should list down all the things that you want to have in a home warranty plan, and secondly, take a careful look at the home appliances and systems that are age and likely to break down due to regular wear and tear.
It is always better to do a quarterly service inspection to know about the condition of your present home systems like electrical, plumbing, etc.
2. Do proper research:
Based on your requirements, find all the companies and list them all. Now, compare their plans and prices. Furthermore, you should also check their reviews and rantings.
3. Ask for the recommendations:
Ask your friends, family, and relatives for recommendations and know about their experience with the home warranty companies. Their recommendations will help you find out the perfect company.
4. Get free quotes:
Once you have shortlisted all the companies, ask for free quotes from them. These free quotes help you to determine the plans that come under your budget or exceed. Getting quotations from home warranty companies is a simple process- you just need to provide them with your name and email id, that’s it.
Crucial factors to consider when making a final decision:
1. Operational coverage:
When selecting a company, make sure it provides services in your area. Some companies only provide services in specific cities.
Coverage plays a crucial role in your buying decision as every company has its own terms and conditions. Though, most companies provide coverage for air conditioning systems, electrical systems, plumbing systems and appliances like refrigerators, dishwashers, microwaves, etc.
You can also buy additional coverage for bigger systems like a swimming pool, spa, automatic garage door, second AC, etc.
There's no fixed cost as it varies from plan to plan and company to company. However, the average cost of home warranty plans lies between $300 to $600 but there are comprehensive plans that cover both the home appliances and systems, but those plans cost a little higher than the regular home warranty plans.
4. Claim fulfillment:
It’s important to know how the company handles claim fulfillment. Most of the companies start providing service after one month of purchasing the plan. Make sure the company doesn’t take much time to fix your issue. If it’s an urgent service, the company should approach you within 24 hours.
5. Customer support:
The company should provide 24/7 customer support so that regardless of the time, you can file a complaint via email, chat, or phone. It is always better to check the reviews to know about the company’s customer support quality.
It’s your hard-earned money, so think carefully before buying a home protection plan from any company. If you are in search of a perfect home warranty company, ServicePlus Home Warranty is the company that you should consider as it’s the best home warranty service provider in the US market.