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As a resident of Delaware, perhaps you have a home warranty in place. If so, you have already discovered what thousands of homeowners know; that home warranties have the potential to save a person thousands of dollars.
Home warranties are similar to an insurance policy in that they cover the cost of repair or replacement of appliances and systems in the home if repair or replacement becomes necessary. Some of the items covered in a basic home warranty policy typically include: plumbing systems, range/oven, dishwasher, garbage disposal, water heater, and electrical system components. For homes that have a pool, spa, or central vacuum, enhanced coverage would be recommended to protect those more costly assets. Home warranty companies usually have several plans available, so it is easy to select the one that meets the needs and requirements of your home.
For anyone preparing to purchase a home warranty plan, experts suggest following three basic steps. First, choose several home warranty companies that have received good reviews. Compare their plans to determine which would ensure the proper coverage for your home. Then, assess the limits placed on appliances and home systems. Determine if the limits are reasonable to cover costs in the case of repair or replacement. And finally, be aware of any higher priced assets or home systems that will require additional coverage. Ensure that the plan you select provides adequate protection for everything in your home.
Home warranties can be a valuable investment to long-term homeowners, as they generally have homes that are more than ten years old and the home is beginning to require more maintenance. First-time homebuyers and experienced home buyers alike can also save with a home warranty, as spending a small amount of money on a home warranty could be the decision that brings financial ease, avoiding the excessive costs associated with repair and replacement of appliances and systems. And, sellers of homes may reduce the time their home is on the market, as prospective buyers are often attracted to a home warranty that is already in place.
Regardless of the time of life a homeowner is in, home warranties can save large amounts of money for a very small investment.
Home Warranties In The News
When a homeowner has a broken air conditioner or a foundation problem, a warranty company can be hard to track down and often points to the fine print. Fixd co-founders Evan Myers and Brandon Bohannan ...
Published: Wed, 13 Feb 2019 14:17:00 GMT
HomeAdvisor is getting into the home warranty business after acquiring a Texas startup that makes that experience easier and more on-demand. Angi Homeservices (Nasdaq: ANGI), the combined company made ...
Published: Fri, 08 Feb 2019 05:17:00 GMT
Are you a homeowner We all desire to own our dream home. A peaceful haven away from our hectic lives. A home is the ultimate financial investment and source of accomplishment. After scrimping and sav...
Published: Thu, 07 Feb 2019 15:25:00 GMT
MILWAUKEE - A pair of homeowners purchased home warranties for protection, but said they ended up fighting for coverage. The company in question has thousands of complaints. Dorothy Hopkins ...
Published: Sun, 10 Feb 2019 20:23:00 GMT
National Home Warranty Day is this Sunday, and American Home Shield, which founded the industry more than 45 years ago, is sharing fast facts to help you make the right choice when it comes to choosin...
Published: Fri, 08 Feb 2019 10:49:00 GMT
News8 was there when plumbers came by to fix a toilet. "Beazer Homes acknowledges that the Merzs have encountered more warranty issues with their home than Beazer Homes expects. Beazer Homes, however, ...
Published: Tue, 12 Feb 2019 17:47:00 GMT
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