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If the water heater in your home goes out, do you have the $1,000 you will need to replace it? What if the oven stops working? Many South Carolina residents are finding that coverage by home warranties benefits them financially by helping with the costs of unexpected homeowner expenses.
Who should consider home warranties as essential? First-time homebuyers don't usually have extra financial resources to take care of unplanned costs, so spending a small amount per year for home protection is a wise move for them. For a person selling a home in a competitive market, providing a home warranty in the package could be the reason their home sells. And for owners of older homes, placing appliances and systems under coverage may reduce expenses significantly.
As a consumer, there are several things you should when checking into home warranties. First, know what is covered. Experts recommend choosing several different companies and comparing their plans. The basic plan offered by one provider may cover the water heater, but not the air conditioning. A similar plan offered by another company could cover both. Read the coverage provisions and be aware of what each includes before making a decision. Second, understand the limits each home warranty company places on specific systems. Coverage may be limited to a specific dollar amount depending on the system or appliance. Determine if the allocated amount will meet the needs of your home. Third, you may need to pay for additional coverage if you want things such as your pool or spa covered under the warranty. Home systems that are more expensive to repair or replace generally cost extra to be included in the warranty. Be informed and understand the coverage your plan provides.
A basic home warranty plan typically covers a broad range of household systems and appliances, ranging from sump pump to ceiling fans. If you also have a central vacuum that you want to be included in the coverage, an enhanced plan will suit your needs. In terms of home repairs, paying a small premium per year could potentially save you thousands in the long run.
There are home warranty companies that can meet the needs of any home in South Carolina.
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
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