Appliances can be expensive to repair or replace, which is why home warranties have become increasingly popular. But do you need one? In this article, we'll explore the necessity of a home warranty for appliances and help you determine if it's right for you.
Factors to consider when deciding if you need a home warranty for appliances include your budget, the age and quality of your appliances, and your local repair costs. In general, it's recommended that homeowners with expensive or high-maintenance appliances have a home warranty in place.
A standard home warranty typically covers repairs for major appliances such as refrigerators, stoves, dishwashers, and washing machines. However, some warranties may also cover smaller items like air conditioners or water heaters.
The cost of a home warranty varies widely depending on the provider and the type of coverage you choose. On average, homeowners can expect to pay between $500-$1,500 per year for a standard home warranty. The coverage period may also vary, with some warranties covering appliances for 12-24 months.
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