5 Reasons Why a Home Insurance Warranty Plan Is Worth Your Consideration
When you come across the word “warranty,” the odds are that you are thinking about insurance, electronic warranty, or any other significant purchase you make from a big shop. Warranties are also ordinary with new owners. While many people barely link them with old houses, it possible to get a home warranty plan for a fairly old house and its household electronics, systems, and appliances.
Also referred to as a home service contract, a home warranty plan covers repair costs and replacements of the covered systems, appliances, and electronics. Once you get a home warranty plan, you pay for it monthly or yearly, depending on what you agree with the home warranty company. Some additional expenses will have to come out of your pocket. But all these make sense at the end of the day.
Why a home insurance warranty plan is worth your consideration
- Save money on repairs.
Any homeowner knows that any home repairs do not come cheap. It does not matter how careful you are in maintaining its assets, some things will eventually break down. And some of these will cost an arm and leg to repair.
When you get a home warranty plan, you get to protect your pockets and bank account from sudden unexpected dents. The warranty plans are a great choice when you have no money always set aside for an eventuality around your home. And do not want to get into debt due to breaking down emergencies.
If an item breaks down, say, your refrigerator, the home warranty company will offer free shipping to ensure that a qualified, trained, insured, and the pre-screened technician does the required repairs. If the item cannot get repaired, you get a replacement if within the coverage.
That gives you peace of mind, and you do not have to worry about unexpected breakdowns.
- Provides comprehensive coverage
A home warranty is also worth your consideration since you get comprehensive coverage. Remember, the plans will not cover every single item in your home. You might still be required to set aside some money for other equally important aspects of your home, including flooring, roofing, etc.
As much as a home warranty does not protect you from every kind of repair, it offers relief on some of the most expensive possessions in your home. That saves you a lot of money in the long run, looking at it from a financial perspective. Some of the aspects the home warranty covers include major appliances such as ovens, washing machines and driers, heating, cooling and, electrical systems, garage door openers, and your used and new electronics.
- Limited waiting period
When you get a home warranty plan, you do not have to wait for long periods to get your items replaced or repaired- or sign up. For homeowners considering a home warranty plan for added protection, you can always approach a reputable company.
Some of these have no waiting period, while others will require that you wait for a month before the cover is active. Most home warranty companies will not do an inspection, meaning that getting the ideal plan will not take forever.
Should your items experience any issues, the ideal company will have the problem solved at the utmost after 48 hours within when you request for the same.
- Affordable coverage
If you are experiencing any issues with your electrical, heating, plumbing, ventilation and cooling system, appliances, etc, varying technicians will charge for consultation and expensive fees to cover the repairs.
Most people think that getting a home warranty plan is very expensive, but the truth is, you can afford a plan that works best for your needs and pockets. Depending on the company, you can cover a few items, or as much as twenty. That saves you from having to incur unexpected huge costs.
- You save on energy and time.
Even if you love to do repairs by yourself, some of them are complicated and hard to hack. And, you may have to take a considerable amount of time while searching for the right technician to handle the repairs.
When you get a home warranty plan, they save you the hassle and headache of finding the right person for the job. These companies have insured, pre-screened, and pre-qualified and reliable contractors at your service. Once you contact the home warranty company, they take it upon themselves to address the problem within 48 hours or earlier in the case of an emergency.
Should they require the item to get to them, they offer free shipping costs. Also, incase you know a reliable and professional technician, you may choose to work with them at the expense of the home warranty company.