Things To Consider Before Buying A Home Warranty
To help you make an informed decision, consider the following key factors when buying a home warranty.
1. What is included in the coverage?
- Repair or replacement of major systems such as plumbing, HVAC, and electrical
- Schedule maintenance visits for regular checks and preventive care
- Acceptance at any time due to a covered issue (24/7/365)
2. What is not included in the coverage?
- Repairs to minor systems such as roof, doors, and windows
- Rebuilding or replacing appliances (e.g., refrigerator, oven)
- Paying for replacement parts or labor that exceeds manufacturer's standards
3. Cost and payment options
Home warranties can range from a few hundred to several thousand dollars per year.
- Cash payments: monthly, quarterly, or annual
- Check cash payments: monthly, quarterly, or annually
- Pay-per-repair options: pay for specific repairs as they occur
4. What to do if you have an issue with the warranty?
Most home warranties offer 24/7/365 customer support.
- Call or email your provider for assistance
- Visit a local office or authorized dealer
- Submit a claim and follow the warranty terms