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Many first time homeowners in Maryland are finding that home warranties save them thousands of dollars in repair and replacement costs over an extended period. For example, a problem with the central vacuum that could cost over $2,000 in labor and materials may cost them less than $300 if they have proper coverage. Or, instead of paying full price to fix the built-in microwave, they pay a small service fee and the rest of the cost is covered because of their annual premium. Having coverage on their home can be a very wise choice for Marylanders.
Protection through home warranties generally provides coverage in the event of repair or replacement of appliances such as the dishwasher, washer, dryer, refrigerator, and garbage disposal. Coverage is not limited to appliances only; many home systems are also included such as sump pump, heating, and electrical components. Any malfunction or replacement of home systems is taken care of by the company providing the policy. Some home warranty plans even provide provisions for pools, spas, and septic system.
Three things should be considered while researching home warranties to find the perfect plan. First, choose multiple home warranty companies and read up on the plans they offer. One policy may cover heating but not air conditioning, and another may include both. Be informed as to what is in each package. Second, check to see if the company places limits on the amount they will pay to repair each home system, and what the limits are. Third, be aware that items such as the central vacuum and garage door opener may require additional coverage. Many business offer basic plans to cover the most essential items, as well as enhanced plans for higher cost systems.
Adding a warranty to your home may be the smartest move you can make to protect your assets.
Home Warranties In The News
Home warranty companies run ads promising to save you thousands of dollars when something goes wrong with your refrigerator, furnace, plumbing, and other appliances and systems. But you can't always ...
Published: Tue, 23 Apr 2019 07:47:00 GMT
Home-warranty companies run lots of ads promising to save you thousands of dollars when something goes wrong with your refrigerator, furnace, plumbing, and other appliances and systems. But don't ...
Published: Thu, 18 Apr 2019 08:14:00 GMT
CHICAGO (CBS) - A suburban woman's struggle to get her broken dryer fixed has come to a close, but no thanks to the home warranty company she had enlisted for repairs. For weeks, Jenny D ...
Published: Mon, 22 Apr 2019 06:15:00 GMT
Ask salespeople for price quotes for the extended warranty, delivery, and installation ... This is a great option for homeowners building a new home. Price match. Many companies will match another ...
Published: Fri, 19 Apr 2019 17:30:00 GMT
When the New Jersey New Home Warranty and Builder's Registration Act (HOW), administered under the Department of Community Affairs (DCA), was passed in 1977, it was hailed as revolutionary. The Act ...
Published: Thu, 18 Apr 2019 11:10:00 GMT
2. Get protected when the trip is interrupted If the client gets stranded while on a trip or far away from home the Palmer car warranty provides meals and accommodation for a night, sometimes the ...
Published: Mon, 22 Apr 2019 09:06:00 GMT
ask your real estate broker about purchasing a home warranty that may cover appliances in the event one decides to go on the fritz right after closing. We generally recommend using: American Home ...
Published: Thu, 18 Apr 2019 06:49:00 GMT
A.J. Freund Still Missing From Crystal LakeIt's been five days since 5-year-old Andrew "A.J." Freund disappeared from his home in Crystal Lake, and it's still a mystery what happened to him.
Published: Mon, 22 Apr 2019 06:13:00 GMT
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