Is A Home Warranty Worth It?
Are you asking yourself – Is a home warranty worth it? There are a few things to consider as a homeowner and sometimes a home warranty is worth it and other times it may not be the time to get a home warranty.
Answering this question is often dependent on some factors, like the condition and the age of the home you currently own or that your purchasing.
A home warranty is not the same thing as a homeowners insurance policy. A homeowners insurance policy covers major perils such as hail, fire, property crimes, and types of water damage that could affect the homeowner’s personal possessions and the entire structure.
A home warranty is a contract that covers repairs and replacements of a home’s major components, such as the furnace, HVAC, plumbing, and electrical systems. A home warranty also covers major appliances, such as washers and dryers, and refrigerators.
A home warranty will protect you against expensive, surprise repair bills and give you peace of mind. If you are a homeowner that doesn’t have an emergency fund or wants to reserve it for other things, a home warranty can help protect your budget.
A warranty can also be helpful for new homeowners that have spent most of their savings to buy a home and want to avoid any additional major expenses.
There are a few ways to decide if a home warranty is worth it based on the age of your existing appliances and if they’re covered by other policies.
If you calculate the cost to repair an HVAC or dishwasher – your home warranty could easily pay for itself. Plus, you have the added peace of mind that we will send out a reliable contractor to repair the issue and you only pay a small deductible for the repair.
The biggest benefit is that a home warranty is not very expensive compared to the cost of repairing or replacing most of a home’s important components, and this is a major selling point when considering a home warranty.
However, there may be some years when nothing breaks down, But as a HomeMembership warranty member you will always have access to our preferred vendor list and access to discounts on other home services that are included free with your membership – so there is still a benefit to being a HomeMembership warranty customer even if nothing breaks.
Choose a 5-Star BBB & Google Rated Home Warranty
Having a home warranty from HomeMembership can reassure homeowners when making such a big purchase. It provides peace of mind for unexpected things that can arise at a later date, such as furnace issues, water heater, appliances, air conditioning units, and so forth.
It can be a valuable tool, knowing that if something happens, items can be repaired/replaced at minimal costs to you.
Visit HomeMembership.com to learn more about how a home warranty and home maintenance plan can give you peace of mind as a homeowner.
You may even qualify for a $0 repair deductible on repairs when you also get your home and auto insurance through HomeMembership.
Why wouldn’t you want to protect one of the biggest expenses of your life?