Five Things You Can Repair Using a Home Warranty

If you own a home, you need to buy a residential warranty to help you take care of the costs of repairing your home appliance and systems. Some of your home appliance repairs are very expensive, but you have nothing to worry about with a home warranty cover. However, most home warranty companies do not cover all your appliances; they have exclusions to the appliance they cover.

Here are five things that your homeowner’s warranty can cover:

HVAC Repairs and Replacements

Most homeowners use their home warranty to cover the repairs and replacements of their heating, ventilation, and air conditioning systems. During the winter and summer seasons, your HVAC is at high risk of breakdown due to overworking. It can cost you a lot to repair or replace the air conditioning system; hence you need to buy the home warranty policy. HVAC is one of the most expensive repairs in your home systems.

If you have a home warranty policy, you will only need to pay the service call fees as the warranty covers other repair costs. Your deductible costs will be less depending on how much you pay for the premiums. The home warranty plan can cover HVAC repairs such as; Freon recapture, filter drier, run capacitor, and pre-season tune-ups. Home warranty cover will take care of recharging your Freon line, which is quite extensive depending on the type you buy. Your air condition unit needs preseason checking to take care of its minor fixing.

Plumbing

As a homeowner, you can buy a home warranty to cover your plumbing costs. Plumbing costs might be expensive if you do not have a home warranty. But with a home warranty, you will only pay for the service call costs. The warranty covers plumbing repairs such as; clearing drain lines and pipe leakage repairs. Sometimes pipe leakages might occur at night, and leakages can cause many damages like the growing of molds in your house. But the good thing is home warranty companies operate even at night and in case of any pipe leakages you can contact them, and they will solve the problem immediately saving you from a lot of stress.

Appliances

Most home warranty companies cover repairing and replacing dishwashers, oven, refrigerator, and microwave and exhaust fan. If the items you have covered break down, you should make a phone call to your home Warranty Company, and they send professional contractors over to your home. Buying a home warranty company will help you save on replacement costs if the appliances you have covered. Covering your home appliances gives you peace of mind as you know if anything happens to your appliances, even if it is at midnight, you have someone to come to your aid.

Re-Keying

When you purchase a new home, you might want to change the house’s keys and locks. Your seller might give you a home warranty as a closing deal for the purchase of the house. You can use your home warranty policy to change the keys and locks as it gives out good deals. You can look for a home warranty company that covers the rekeying service. You will only need to pay for the service call costs as the home warranty company takes care of other costs. The home warranty company will send qualified professionals to change your house’s keys and locks.

Electrician

If you are a homeowner, when you buy a home warranty policy, it will cover the electrical repairs like wiring, panels, fuses, switches, exhaust fans, and vacuums. In case you have any electrical repairs that you cannot do on your own, you can contact the home warranty company as it will cater to the electrician costs. However, it would help if you took care of your home’s electronic systems to avoid damages. You can contact the home warranty company to maintain your electronic systems so that they can detect any small problems before they can become significant.

Bottom Line

Home appliances and systems can cost a lot of money to repair or replace. In case your appliance or system breakdown, it can cause a severe financial problem. Hence, you need to purchase a home warranty plan to cover the costs of repairing and replacing your home appliances and systems. With a home warranty policy, you can save your money and time, as you only pay for the service call costs if your appliance breaks down and the company sends the service contractors to your house.

Why wait for a disrepair or a burst pipe to put your monthly budget on a pickle? Whether you are purchasing one for your existe home or you are buying a new residence, a home warranty gives you the protection you need, avoiding headaches and unpleasant surprises.

A fantastic way to weigh in the cost of a worth of a warranty is by comparing the cost of a home warranty and the cost of a potential repair. Whereas, a home warranty costs a few hundred dollars a year, an appliance replacement or repair can be counted in the thousands. Let’s say for example – the average cost of a refrigerator ranges from $1000 and $2000, depending on the brand and manufacturer a nice fridget can cost up to $12000 or a whole AC system repair, can cost up to $500 in parts plus labor.

A home warranty costs $25 to $50 a month, coming up to between $300 to $600 a year, and it most commonly covers appliances and home systems builders or home sellers do not cover. It makes total sense to input these costs and balance out the need of a home warranty, by protecting your investment (and wallet) by potential occurrences beyond the homeowner’s control.

Learning about acquiring a home warranty can save you a lot of time and money. Also, if you are a new homeowner, and the home you are purchasing is under a home warranty, good news, most home warranties can be transferred to the new homeowners at the time of purchase. There may be a minimal transfer fee to have the new homeowner. And all of it can be done over a phone call. It’s that simple.

We have given you all the information to make the smart choice about your new home.