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Many first time home-owners in New Mexico are finding that home warranties save them thousands of dollars in repair and replacement costs over an extended period. For example, an air conditioning issue that could cost over $3,000 to fix may cost them less than $500 if they have prior coverage. Or instead of paying full price to fix the water heater, they pay a small service fee and the rest of the cost is covered with their annual premium. Having coverage on their home may be a very wise choice for residents of New Mexico.
Basic home warranties generally cover systems such as heating and electrical system components, plumbing, dishwasher, and garbage disposal, to name just a few. Coverage on the septic system or garage door opener may require an enhanced plan, which home warranty companies also offer.
Three basic steps are recommended before deciding on a home warranty company. First, choose at least three businesses with good reviews, and read up on the services they provide. Each company may offer slightly different coverage on appliances and home systems. Choose the plan that will best serve the features and needs of the home. Second, understand that limits may be placed upon each potential repair. Read the fine print to determine how much the company will pay for costs, and determine if the limits are acceptable for your home's requirements and geographical area. Third, be aware that items that will be more expensive to repair or replace, such as a well pump or central vacuum, may require a more advanced plan. Taking these steps will help to ensure that you purchase the home warranty coverage that will be best for you.
Although being a homeowner can be costly in any state, the coverage offered from home warranties can help reduce the expenses.
Home Warranties In The News
When you buy a home, it's normal to worry that something may go wrong. Perhaps you'll move in only to find that the fridge has gone on the fritz or that your plumbing has turned your basement into a s...
Published: Wed, 11 Jul 2018 15:22:00 GMT
A Kansas City woman warns it's easy to pay a monthly payment for a home warranty but getting any real response when an appliance breaks down is a mess. Louella Henderson's battle with Choice Home Warr...
Published: Fri, 13 Jul 2018 05:10:00 GMT
In some cases, certain manufacturer warranties won't cover you if your home sits within a 5-mile radius of a body of water, as salt water can damage the outer surface of your windows. If installing a ...
Published: Thu, 05 Jul 2018 03:07:00 GMT
CALGARY, July 12, 2018 /CNW/ - Rogers Insurance and The Alberta New Home Warranty Group (ANHWP) today announced that they have entered into a new strategic partnership. Lori Topp, CEO at ANHWP says "A...
Published: Thu, 12 Jul 2018 20:19:00 GMT
News 4 got results for a woman who said American Home Shield would not fully replace the air conditioning unit that was failing at her home. A Festus landscaper is trying to figure out what's next aft...
Published: Fri, 13 Jul 2018 22:42:00 GMT
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