A Helpful Guide to Choosing the Best Home Warranty Company

Our home system and appliances are integral to our daily lives. They offer us convenience and security, from the lighting to the HVAC system, refrigerator to the washing machine. They also help us stay comfortable, especially during drastic times and harsh weather conditions. 

Unfortunately, their daily use can eventually cause them to wear out. Besides causing frustration, malfunctioning devices can keep us stuck in unpleasant situations; no homeowner wants that. Therefore, you should learn to maintain and service them when necessary, including finding the best home warranty company. 

However, this step can be tricky, especially with the available options. If you’re ready to protect your house from unexpected repair or replacement costs, this article is your helpful guide to finding the best home warranty. 

What Is a Home Warranty?

A home warranty is a contract offering discounted fixing and replacement services for household appliances and systems. However, you must know that it’s different from homeowners insurance, and the coverage and terms depend on the purchased plan. While it can complement homeowners insurance well, it may be unnecessary if manufacturer warranties cover the systems in a new home. 

How Can I Find the Best Home Warranty Company for My Needs?

You can find the ideal home warranty company for your household by considering the number of systems and appliances covered, coverage limits and exclusions, and your ability to choose a contractor independently. You should also determine the needed coverage for existing conditions or older homes, price and service fees, licensed and insured technicians, and the contract’s length.

3 Crucial Factors to Consider 

After defining home warranty and providing helpful tips, this section will enumerate the factors to consider when finding the best company. 

1. Your Budget

Home warranty companies provide different plans and prices, and you should find affordable coverage that can cover most of your needs. Collect quotes from various companies to estimate a home warranty’s average cost, including your essential items. If you don’t know what to choose, consult your friends, neighbors, or reputable real estate agents. 

2. The Contracts and Terms 

You can understand what’s not included, the restrictions on coverage, and the replacement policies by thoroughly reading the contract before signing it. 

3. Your Coverage Needs

Your home warranty plan depends on the appliances and systems you have in your home. You should get a comprehensive warranty plan covering significant necessities if you have older items. Meanwhile, you may only need a basic plan if your appliances and systems are newer.

How Much Do Home Warranties Typically Cost?

When your refrigerator or dishwasher malfunctions, a home warranty covering the expenses of repairing or replacing the appliance can be comforting. However, you must know the plan’s price range before committing to it for a year. While a home warranty costs slightly over $900 yearly, it can range from $214 to $1,662 annually.

What Items Do Home Warranties Cover?

Home warranty coverage gives you a sense of security because it covers household items like refrigerators, dishwashers, washing machines, and dryers. It also covers plumbing, HVACs, and electrical systems. With this plan, you can quickly and affordably repair, maintain, and occasionally replace home systems and appliances. 

What Are Items Your Home Warranty Won’t Cover?

Some standard exclusions include structural issues, commercial-grade equipment, and pre-existing conditions. Your home warranty plan won’t also cover property wear and tear, rust and sediment issues, improper upkeep, and building code violations. 

Conclusion

The best home warranty company can help you get peace of mind for your appliances and systems, but that only works if you plan for it properly. You can find the ideal choice by considering your needs and budget and reading the contract before signing. 

If your house needs one of the most reliable home warranty companies in the United States, contact Home Membership! Our team lets you experience membership and home protection to enjoy more of what you love. We’ll also allow you to pick service providers to handle the repairs. Check our plans and pricing now!