Importance Of Having a Warranty On Your Home

If you're shopping for home, consider getting a home warranty to protect your investment. Read on to find out why.

If you're a home owner, you know how important it is to keep your home in good condition. But sometimes, things can go wrong – like water damage, construction mishaps, or faulty wiring. That's where home warranties come in. A home warranty is a service that provides protection for your home and its systems and appliances. If something goes wrong, the home warranty company will send a technician to fix it. This can save you a lot of money on repairs.

Having a home warranty can give you peace of mind, knowing that you're covered in case something goes wrong. And if something does go wrong, home warranties can save you money on expensive repairs or replacements.

What Kinds of Things Do Home Warranties Cover?

Having a home warranty is important because it can save you money on expensive repairs. A home warranty is a type of insurance that helps cover the cost of repairs or replacements for items in your home, like appliances, electrical systems, and plumbing. They can also cover structural damage caused by things like termites or earthquakes.

Sometimes home systems and appliances break down due to normal wear and tear. Most home warranties cover major systems such as heating, ventilation, and air conditioning (HVAC), plumbing, electrical, and water heaters. Appliances typically covered by a home warranty include refrigerators, ovens, dishwashers, washing machines, and dryers. Some home warranties also cover items such as ceiling fans, smoke detectors, and garage door openers. In general, home warranties do not cover pre-existing problems or damage caused by negligence or abuse. For example, a home warranty would not cover faulty wiring or water damage caused by a burst pipe. However, home warranties can provide peace of mind by knowing that there is coverage for unexpected repairs.

Saving Money With Home Warranties

Home warranties are usually valid for one year and can be renewed. They typically cost between $300 and $600 per year, but home warranty companies often offer discounts for multiple years. Some home warrant companies also offer home protection plans, which cover additional items such as pools, spas, and roofs. While home warranties can save you money on repairs, it's important to read the fine print before purchasing a policy. Some home warranty companies have a list of exclusions, which means they will not cover certain items. Make sure you understand what is and is not covered by your home warranty before you purchase it.

Top Companies That Offer Home Warranties

Homeowners insurance is one of the most important investments you can make for your home. It protects your home and belongings in the case of damage or theft, and can even help to cover the cost of repairs if something goes wrong. But with so many companies offering home insurance, it can be difficult to know which one is right for you. To help you make the best decision, we've compiled a list of the top companies that offer home warranties and home coverage. We've considered factors like customer satisfaction, financial stability, and coverage options to create this list, so you can be sure you're getting the best possible protection for your home.

1. American Home Shield: American Home Shield is one of the leading home warranty companies in the United States. They offer a variety of plans that can cover everything from major appliances to home systems, and their coverage is backed by some of the strongest financial ratings in the industry. In addition, American Home Shield has an A+ rating from the Better Business Bureau, and their customer satisfaction ratings are consistently high.

2. Fidelity National Home Warranty: Fidelity National Home Warranty is another top home warranty company that offers comprehensive coverage for your home. Their plans are affordable and customizable, and they have a wide network of service providers that can help with any repairs or replacements that you need. Fidelity National Home Warranty is also financially stable, with an A rating from the Better Business Bureau.

3. Old Republic Home Protection: Old Republic Home Protection is a well-established home warranty company that has been in business for over 40 years. They offer a variety of plans that can be tailored to your specific needs, and their coverage is backed by strong financial ratings. Old Republic Home Protection also has an A+ rating from the Better Business Bureau, and their customer satisfaction ratings are consistently high.

4. Choice Home Warranty: Choice Home Warranty is a newer home warranty company, but they're already making a name for themselves as a top provider of home coverage. Their plans are affordable and customizable, and they offer a wide range of coverage options. Choice Home Warranty is also backed by strong financial ratings, and their customer satisfaction ratings are consistently high.

5. First American Home Buyers Protection: First American Home Buyers Protection is a home warranty company that offers comprehensive coverage for your home. Their plans are affordable and customizable, and they offer a wide range of coverage options. First American Home Buyers Protection is also backed by strong financial ratings, and their customer satisfaction ratings are consistently high.

Making the decision to purchase home insurance is a big one, but it doesn't have to be difficult. By considering the factors that are important to you, you can narrow down your choices and find the home insurance company that's right for you. And with our list of the top home warranty companies, you can be sure you're getting the best possible coverage for your home.