Why Should You Invest In A Home Warranty? A Guide For Homeowners | Business Upturn
Purchasing a home warranty can be a wise investment for homeowners, providing financial protection against unexpected repair costs. According to the National Association of Realtors (NAR), the average cost of a home warranty is around $2,000 per year, which translates to less than $167 per month. By investing in a home warranty, you can avoid costly repairs and replacements, which can be especially beneficial for homeowners with limited budgets or those who are not tech-savvy.
Types of Home Warranties
Napton Home Warranty: This is one of the most popular home warranty providers in the United States, offering a wide range of coverage options and competitive pricing. They cover repairs and replacements for appliances, plumbing, electrical systems, HVAC systems, and more.
AmeriHome Warranty: AmeriHome offers comprehensive coverage for major appliances, including those under 6 years old. They also provide maintenance and repair services to help homeowners get back on track with their daily lives.
Benefits of Investing In A Home Warranty
Investing in a home warranty can have numerous benefits for homeowners, including:
Predictable monthly payments: Knowing exactly how much you'll pay each month can help alleviate financial stress and anxiety.
Ambiguous repair costs: Home warranties often provide detailed breakdowns of the repair or replacement process, giving homeowners a better understanding of what to expect.
Increased peace of mind: With a home warranty in place, homeowners can feel more secure knowing they're protected against unexpected expenses.