7 Questions To Ask Before Buying A Home Warranty - Odisha Discom

What is a Home Warranty and Why Do I Need One?

A home warranty is an insurance policy that covers repairs and replacements of major home system components, such as HVAC, plumbing, electrical, and appliances. It can provide peace of mind and financial protection in case you encounter unexpected maintenance or repair issues.

Whether you own your home or rent it out to tenants, a home warranty can be a valuable investment for homeowners. Without one, you may need to pay for costly repairs or replacements out of pocket, which can add up quickly. A home warranty can help mitigate these expenses and ensure that your home remains habitable.

Questions to Ask Before Buying a Home Warranty

• What are the coverage limits and what is excluded from the warranty?
• What types of repairs and replacements are covered, and how long do they last?
• Are there any additional fees or charges for maintenance, repair, or replacement services?
• How does the warranty company handle claims, and what is their process for addressing issues?
• What is the coverage period, and are there any renewal options or expiration dates to consider?
• Are there any discounts or promotions available for new customers, and how do I apply them?

Questions to Ask About the Warranty Company

Not all home warranty companies are created equal. Before making a purchase, it's essential to research and ask questions about the company. Here are some key considerations:

• What is their reputation and customer satisfaction ratings?
• How do they handle complaints and issues, and what is their process for resolving them?
• Are there any certifications or memberships with industry associations that demonstrate their expertise and commitment to quality.
• What kind of support and resources are available to customers, such as online tools and customer service representatives?
• How do they handle claims and repairs, and what is their process for communicating with customers?