It’s often the first question that comes to mind whenever someone is introduced to the concept of a home warranty:home warranty “Are home warranties worth it?” It’s a legitimate question, but to find the answer, you first need to understand just what a home warranty does, what distinguishes a home warranty from “homeowner’s insurance,” and most importantly, what the benefits of a home warranty include. What’s a “home warranty?” A home warranty, often referred to as a “coverage plan,” “protection plan,” or “service contract,” defends homeowners against sudden major appliance and home system breakdowns. When you have a home warranty and something goes wrong, your plan will help you get covered items repaired or replaced by a qualified contractor. Depending on the protection plan you choose, a home warranty can cover things like plumbing stoppage and issues with major appliances including dishwashers, stoves/ovens, garbage disposals, and water heaters – items that would not be covered by homeowner’s insurance.protection plan

Differences between a home warranty and homeowner’s insurance. A home warranty is quite different from homeowner’s insurance. While your homeowner’s insurance policy may cover things like fire damage, weather damage, or property crimes, it won’t cover things like your refrigerator motor breaking down or issues with your cooling system. That’s where a home warranty will benefit you. What are the benefits of a home warranty? A home warranty provides peace of mind and can even save you significant money when your appliances or home systems require repair. Instead of having to pay out of pocket to purchase and install an entirely new home system or appliance (which tends to be expensive), when you have an issue with a covered item, the steps you’ll follow are always the same: Make a claim with your home warranty provider. Your provider connects you with a locally licensed service tech. The service tech will set up an appointment to diagnose and repair or replace the problematic appliance or home system.

And that’s it! All you pay is a modest fee for the service call. Some providers, including Select Home Warranty, have no limit to the number of repairs covered, don’t require a home inspection to purchase, and cover appliances and home systems regardless of age. Of course, if you’re looking to sell your home, you’ll find that a protection plan can help you sell it, with most home buyers preferring to purchase a home with a warranty.protection plan can help you sell it In addition, home warranties aren’t just limited to covering homes. You can even cover rental properties, condos, and mobile homes. Should you buy a home warranty? At the end of the day, it’s up to you whether a home warranty is worth it. But many homeowners appreciate the added value and peace of mind that comes with never having to worry about what they’ll do when their heating system breaks, when the washing machine makes a banging noise, when their sump pump goes haywire, when – well, you get the idea. Article Resource:- warranties-are-they-worth-it.htmlhttp://selecthomewarranty1.blogspot.com/2017/09/home- warranties-are-they-worth-it.html