Whether you’re a new homeowner or just moved into a new home, you might be wondering whether you need a home warranty and where the best place is to purchase one. Protecting your home is one of your most important responsibilities as a homeowner, so it’s natural to want to prioritize it as soon as you move in. Still, it isn’t just about deciding to get a protection plan, you also need to ensure that your home warranty company is high-quality and well-equipped to handle your needs at an affordable rate. If you’re looking to purchase a home protection plan, read on to learn more about how to decide between home warranty companies.
What is a home warranty?
Many people don’t understand the difference between a home warranty company and an insurance company when it comes to what type of coverage they offer. Home insurance primarily covers expenses related to home emergencies. That generally includes damage sustained by things like storms, fires, natural disasters like a tornado or hurricane, or theft. While that type of insurance policy is important, most experienced homeowners know that unexpected expenses can pop up from more than just emergencies. That’s why a home warranty plan can be incredibly beneficial.
A home warranty plan is, essentially, a contract between you and the warranty company to handle the repair and replacement of covered appliances and home systems due to everyday wear and tear. A home warranty is a smart investment when it comes to protecting your most expensive possessions and shielding yourself from the potential financial issues that can come from being hit with a bill for thousands of dollars that you weren’t expecting. Commonly covered appliances include your plumbing, dishwasher, refrigerator, and other parts of your HVAC system, like your water heater. Make sure you look into exactly what’s covered before pursuing any warranty or insurance policy.
How do you find the best home warranty company?
If you decide you want to invest in a warranty, it’s essential that you find a home warranty company that offers the kind of high-quality service that you need. Coverage can vary significantly between policies, and you want to be sure that the type of appliances and home systems that you have are included in your plan. If you’re moving into a new home or selling yours, warranties can also be beneficial to handle any repairs in the immediate aftermath of a sale and may serve to provide a buyer with the comfort of knowing that any repairs that may be needed are covered.
Look for companies that offer you specific perks like the ability to make a service request 24/7 or choose your own technician online, like this company that many say offers the best home warranty in Utah. They also offer different levels of coverage for major systems, from basic plans to more comprehensive coverage, which allows you to pay a premium based on the type of coverage that’s right for you. There can be a big difference in the type of benefits you receive depending on which home warranty provider you choose to use, so take time before you make a decision.
Home warranty companies and insurance companies both provide valuable, but different, services to homeowners. Understanding what a home warranty does and how it can benefit you will help you comparison shop between different companies, which often offer different benefits and exclusions. Make sure that whatever plan you choose covers the appliances you own and provides the safeguard you need when it comes to not being responsible for a breakdown that could cost thousands. Ultimately, a home warranty plan that protects you from being responsible for an unexpected and costly repair can provide homeowners with much-needed peace of mind.