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Many people in New York choose to purchase a home warranty before listing their house for sale. A home with coverage already in place provides added appeal to prospective buyers, usually helping the sale to happen more quickly.
Home warranties benefit more people than just sellers and buyers; anyone who owns an older home would be wise to check into the coverage provided by a policy. Houses that are more than a few years old generally require maintenance and unexpected repairs. If the home is protected, the upkeep of it doesn't need to be a financial strain.
Coverage through home warranties generally takes care of the costs in the event of repair or replacement of appliances such as the dishwasher, washer, dryer, refrigerator, and garbage disposal. Protection is not limited to appliances only; many home systems are also included such as plumbing, sump pump, heating, and electrical components. For a prospective buyer, home warranty coverage can bring peace of mind in the event of unforeseen repairs.
Three things should be considered while researching home warranties to find the perfect plan. First, choose at least three reputable 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 pool, central vacuum, or the 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.
Whether the New York homeowner is listing a house for sale, has recently purchased a new home, or is living comfortably in an older home, home warranties can provide great financial benefit.
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
Their stories just keep coming in. People who bought home warranties, pay a monthly fee and say their warranty doesn't pay. The producers in our consumer investigative center have investigated more th...
Published: Thu, 05 Jul 2018 14:30:00 GMT
Len Torine said it took 49 days and more than 45 hours of phone calls with 32 customer service representatives to get his air conditioner fixed. Torine said he bought a warranty for his East Hanover c...
Published: Tue, 03 Jul 2018 04:55:00 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
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