Repair costs on older appliances and home systems can be extremely expensive. Home warranties can reduce the overall cost of repairs and prevent a sudden, unexpected strain on your bank account by structuring payments over monthly or yearly plans.
You have quite a few options when you’re looking into getting a home warranty. There’s a wide variety of coverage options, and the quality of service can be drastically different depending on which provider you decide to get coverage from.
Here’s an overview of what exactly you should be looking for in a home warranty and how to find the provider that is right for you.
Take a Look at the Condition of Your Appliances
Consider all of your appliances and home systems from air conditioning units to plumbing. Note down which ones would be expensive to repair, and make sure you have a good idea of which ones will need to be replaced soon.…
Dealing with non-certified home warranty companies can be a hassle. In fact, each year, thousands of Americans are the victims of fraud from home warranty companies that either refuse to respond to any claims or go out of business.
These home warranty companies are not registered by the state, and by using these businesses to cover your home appliances and services, you put yourself at risk by not having the stability of trusted home warranty companies in the business.
If you find yourself in this unfortunate situation of your provider going upside down, there are two things you must take care of: 1) getting your money back, and 2) getting your home under coverage again (but with a trusted and certified company).
While it isn’t guaranteed that you will be able to get back everything you are owed, there are a few extremely important steps you can take to ensure that you both minimize your losses and have the best chance of seeing your money again.…
Picture this scenario: You’re cooking dinner, and you have pots and pans all over the top, covered with delicious food. The stove breaks and you need to file a claim.
The first thing they’re going to ask is, “What is the make and model of your stove?”
Unfortunately, most appliances hide their make / models in very difficult places unless you were one of the few that saves your manuals. Some stoves require you to remove the entire top to get the model number.
This is why we created this free handy guide for you to keep track of your home warranty coverage. You can keep it on your computer or in the cloud, or simply print it out and keep it on file for safe keeping. It will take just one hour to get all of the information together and then you can rest easy, knowing that you can quickly get that claim filed without any hassle or downtime. …
For new homeowners, a wide range of coverage opportunities on the market today can make it extremely difficult to find the right policy. When weighing out your options, it’s always important to bear in mind what you actually need and what’s already covered. While every case is different, here are five reasons you may want to look into getting a home warranty.
You’ve Got an Old Home
If your house has a few years on it and you don’t know how old your appliances are, repairs can start to get pretty pricey. Repairs on expensive appliances like refrigerators, ovens, dishwashers, washers and dryers, air conditioners, and water heaters can start to add up. For an average yearly cost of $300 to $600 a year, a home warranty can be a great option for those that want to avoid the inevitable expenses associated with old appliances starting to break down.
You’ve Got a Busy Schedule
When you’re weighing out your options, it’s important to consider your schedule.…
In This Topic, We Cover the Precautions For Protecting Your Home With a Home Warranty
Unfortunately, home warranty claims are occasionally denied. The reasons for this vary depending on the situation, but it’s helpful to be well versed in the ins-and-outs of home warranties so that you can try to avoid this situation and, if it does occur, know what to do.
First, let’s take a look at some common reasons as to why home warranty claims get denied:
The appliance is excluded from your home warranty coverage
This may seem obvious, but it’s one of the most common reasons for home warranty claims to be denied. When you purchase a home warranty, you decide how extensive your coverage is. That means that you make the decision about whether or not an appliance is covered. Before you submit a claim, take a look at your service contract to make sure that the appliance that you’re trying to get serviced is covered by your warranty.…
Deciding whether or not to purchase any kind of warranty often comes down to a simple question: is it a sound investment? Is the thing that you’re trying to cover, whether it’s a home or an appliance or a car, valuable enough to make payments to ensure that it’s covered?
That’s also the question that most people ask when they’re deciding whether or not to purchase a home warranty. And while there are rare circumstances when it may not be the best choice, more often than not home warranties are a solid investment. Let’s take a quick look at the numbers:
Home warranties cost anywhere between $300 and $600 a year. On average, homeowners spend about $300 a month on home maintenance. Now, a portion of the $300 a month spent on home maintenance likely goes towards things not covered by a home warranty (new exterior paint, for example). But, even if only a small portion of that amount goes towards the appliances and systems covered by home warranties, you’re still saving a lot of money.…