Saving Money With Home Warranty
A home warranty is a contract between you and an insurance company that covers major home repairs and replacements for a specified period.
Here are some key things to consider when choosing a home warranty:
- Cost: Home warranties can vary significantly in price, with some plans costing as little as $50-$100 per year and others exceeding $1,000 or more.
- Deductible: The deductible is the amount you need to pay out-of-pocket for a repair or replacement. Common deductibles range from $500 to $2,000.
- Coverage: Home warranties typically cover repairs and replacements for major systems like plumbing, HVAC, electrical, and roofing.
There are several types of home warranties available:
- North American Customer Service Association (NACS) Home Warranty
- Allstate Home Protection Plus
- Air Conditioned Space Home Service Agreement
Read More: Saving Money With Home Warranty - Fangwallet
Conclusion
By understanding the basics of home warranties and choosing a plan that suits your needs, you can save money and peace of mind.