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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
Buying a home can be a wonderful experience, but it can also be pretty stressful. From researching and viewing houses to figuring out if you can even afford the one you want, there seem to be a million things to think about. Once you do get the house of ...
Published: Sat, 19 May 2018 03:15:00 GMT
FREMONT, Calif.--(BUSINESS WIRE)--On May 8, 2018, ASUS updated the terms of its product warranties: Summary of Updates to the ASUS Warranty Information Form We have provided a summary of notable updates to the ASUS Warranty Information Form for the United ...
Published: Sat, 19 May 2018 06:32:00 GMT
It's a wonderful feeling when you finally clinch your property deal and realize you have become a homeowner for the very first time. Sometimes seemingly endless weeks or months have gone by, while you jump through lots of administrative hoops, before ...
Published: Mon, 14 May 2018 08:03:00 GMT
Whether you pay $40 a month for home phone service or $4 a month ... and includes all original accessories plus a 90-day warranty DECT radio supports up to 4 wireless handsets and over 4000 sensors. A USB port supports Wi-Fi and Bluetooth accessories ...
Published: Thu, 17 May 2018 08:51:00 GMT
If you're in the process of buying a home, or will be in the near future, one of the costs you're likely considering is a home warranty. But, as this is an optional expense, you have to decide if it will really be worth it to you. "Home warranties ...
Published: Sun, 13 May 2018 17:00:00 GMT
KANSAS CITY, Mo. -- They promise to be there when your appliances go bad, but companies offering home warranties aren't always good. Kristi Smith grabbed a bag of hash browns from her freezer and gave them a good squeeze. "It's like mush," Smith said ...
Published: Wed, 02 May 2018 19:50:00 GMT
LONDON--(BUSINESS WIRE)--Global procurement intelligence advisory firm, SpendEdge, has announced the release of their "˜Product Warranty Insurance Market Procurement Research Report.' This report breaks down the data and analysis behind the procurement ...
Published: Tue, 08 May 2018 09:31:00 GMT
Not enough is being done to overhaul Ontario's new-home warranty system, says a group opposed to the monopoly held by Tarion. "Premier (Kathleen) Wynne has publicly stated that "˜the time for monopolies is over,'" said Windsor homeowner Gay Viecelli.
Published: Tue, 24 Apr 2018 15:05:00 GMT
Dave Ramsey is America's trusted voice on money and business, and CEO of Ramsey Solutions. He has authored seven best-selling books, including "The Total Money Makeover." "The Dave Ramsey Show" is heard by more than 12 million listeners each week on 575 ...
Published: Mon, 07 May 2018 02:12:00 GMT
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