Is A Home Warranty Worth It?
If you’re in the market for a new home or adding a home warranty to your current home, you might be wondering if a home warranty is worth it.
The one thing to keep in mind is that having a home warranty can mean that your home will be protected a whole lot better than if you didn’t have a home warranty.
You may realize that having a home warranty is truly worth the added expense.
How much does a home warranty cost?
You can purchase a HomeMembership home warranty for just $58 a month. Other companies have different pricing and coverage options.
What will a home warranty cover?
A HomeMembership home warranty covers your major systems like your water heater or furnace. It will also cover your appliances like your dryer or oven. We offer one plan to make it easier to understand what is covered.
You will pay a small deductible for the repair. Or if you purchase your home insurance and car insurance through HomeMembership, you will have a $0 deductible.
Does a home warranty cover mold?
Water damage is one of those areas that aren’t covered by the majority of home warranties, and for the most part, mold can be linked back to a water leak or damage.
Do your research because there may be things you think are covered under a home warranty – that may not be covered.
Thousands of homeowners purchase a home warranty every year, while others don’t think it is something that is necessary. If you’re on the fence about home warranties, here are some reasons that you might find that added monthly expense worth it.
Home warranties can offer peace of mind
Let’s face it – having a home warranty gives you peace of mind knowing that if something breaks, you make one service request to HomeMembership and they will send out a qualified and vetted repair person.
There is no reason to worrying about the cost when something breaks – all you need to cover is the deductible.
This can make homeownership so much easier and less stressful!
Do Your Research
Before deciding on whether a home warranty is worth it or not, do your own personal research. It’s a big decision that you shouldn’t take lightly.
When researching home warranty companies, ask your friends, check the reviews, read through some of their posts on Facebook to learn more about other customer’s experiences.
Read the reviews on Google and the Better Business Bureau to make sure you are getting a highly rated home warranty.
This is why so many sellers will offer a home warranty with the purchase of their home because it automatically adds a little bit extra value and peace of mind when buying a new home.
The beauty of deciding to have a home warranty is that there is a good chance that the majority of your larger expenses that might happen won’t have to come completely out of your pocket.
Even though you’re paying a monthly fee for home warranty, it’s more manageable than paying a giant lump fee of something going wrong or breaking all at once.
Do you have any other tips for someone who is considering if buying a home warranty is right for them?