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Faulty breaker boxes, leaky pipes, an automatic dishwasher that stops washing. These are just a few of the residential challenges that Illinois homeowners will have during the next few months. The bill for them could be anywhere from $400 to $7,000, depending on the severity of the problem. With this risk in mind, many Illinois homeowners are protecting their investments by putting a home warranty policy in place.
Home warranties can save thousands of dollars for the homeowner over time. A good home warranty policy covers items such as plumbing systems, oven and dishwasher, home heating and electrical, and whirlpool tub. Homeowners can relax, knowing they are covered when expenses come up for repairs or maintenance on their home.
First-time homebuyers often benefit greatly from home warranties, since they are usually anxious about their major purchase. The knowledge that their home is protected gives them additional assurance. Individuals selling their homes will want to invest in a home warranty plan, as the added benefit of coverage may be what brings about a sale. And residents with a home ten years or older would be wise to check into getting a policy, as homes that age generally need maintenance and frequent repairs.
When researching home warranties, experts recommend three steps for finding the best plan. First, choose three or more companies with good reviews, and read the plans they offer. One plan may cover heating but not air conditioning. Understand what each plan provides. Second, the business may have limits in place on the amount they will pay for the repair. If so, double-check the limits to be sure they are reasonable. And third, determine items in the home that need extra coverage. If the backyard pool and the central vacuum system are to be worry-free, then the enhanced plan is probably the best option.
Many Illinois residents are already experiencing the freedom of knowing that when repairs or replacements are necessary, they are covered. Following these steps, anyone can find the home warranty plan that would best suit their needs.
Home Warranties In The News
Greg Miller, an associate broker and team leader at Berkshire Hathaway HomeServices Michigan Real Estate in Portage, Mich., says that regardless of whether one's a buyer or seller, a home ...
Published: Fri, 11 Jan 2019 21:12:00 GMT
At that time, the Appellate Court held, in part, that the implied warranty of habitability does not extend to design professionals or material suppliers that do not participate in the construction of ...
Published: Tue, 15 Jan 2019 16:04:00 GMT
City leaders rightly condemn Trump's economic policies. Yet they remain silent as the city allows a private company to make a profit selling home warranties to protect Philadelphians from the departme...
Published: Thu, 10 Jan 2019 02:57:00 GMT
Unlike many other home and kitchen retailers, Sears is known for selling unique extended warranties to accompany appliances purchased in their stores. But if Sears goes out of business, will shoppers ...
Published: Sat, 12 Jan 2019 08:14:00 GMT
A representative with Bruno Total Home Performance said he could not comment about Henderson ... We are continuing to operate, honoring all of our warranties and will be getting back to servicing our ...
Published: Wed, 16 Jan 2019 14:58:00 GMT
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