This website reviews the best home warranty company, along with a couple other warranty companies. You can also get free quotes on a warranty for your home here.
If you have recently been looking to buy a house, you may have noticed that many homes now have signs on them that say "home warranty". Not many people are familiar with home warranties, some people have never even heard the term and others think a home warranty is just a scam. Well, I am here today to spell out exactly what a home warranty is and why you should not only get one when buying a house but you may want to keep one on the house your in now. Home warranties are a good idea even if you're not moving anywhere for a while.
What Exactly is a Home Warranty?
A home warranty is like an insurance policy on your house's major systems. To put it simply, if you have a home warranty you're protected financially if a major system in your home goes out.Here's one example.There was a lady who bought a house from us. We always offer a one year home warranty as a gift at closing. The house the woman bought from us had an older model heating system, it worked fine, it was just older.
If Something Breaks, What Happens?
The furnace went out in the middle of that winter.She immedietly put a call in to us to complain, however we reminded her that she had the warranty. Once she called the warranty company, a furnace technician was sent out almost immedietly to see what the problem was.Because it was an older model, the furnace wasn't worth repairing. If she hadn't had the warranty, it would have cost her $4500 to buy a new furnace, but she was fully covered by the warranty company.Imagine having to come up with that kind of money on the spot!But because she had the warranty, the home warranty company covered the cost of the new furnace and the installation.
What's Covered By My Warranty?
The new furnace was put in that very day. The only thing she paid was a 50 dollar deductible, peanuts compared to the $4500 she would have paid!When you compare a $4500 bill to a $50 deductible, you can see for yourself why home warranties are such a good idea.
What Does A Warranty Cost? Also, they usually cover it if your electrical system has a problem, or your pipes burst.The typical cost for a home warranty is roughly $250-$500 per year- which is honestly less than a fraction of what it costs to repair something like a furnace, electric system, or roof.As I said before, you don't have to wait to move to buy a home warranty.You can always buy a home warranty on your own home.
Where Can I Find Out What the Best Home Warranty Company Is?
I hope this makes you want to explore the possibility of a home warranty.They are a good investment for your home. This link below will take you to a great site with reviews on warranty companies, including the best home warranty company.
