It’s no secret that buying a house is an investment and it’s one that you want to protect. By purchasing a home warranty, you know you’re covered should anything happen to your appliances or home systems.
What is a Home Warranty?
A home warranty is a service contract that pays for the repair or replacement of the appliances and home systems that are covered in the contract. These items typically include kitchen appliances, electrical, plumbing, and HVAC systems. These warranties do not cover any structural features of a home.
Is a Home Warranty Worth It?
The cost of a home warranty can be anywhere between $300 and $600 a year, sometimes, even more, depending on the type of coverage you require. A homeowner should also be prepared to pay a fee for service calls throughout the year (depending on the contract).
Without a home warranty, you could spend thousands of dollars repairing and replacing the systems in your home. Find out more HERE.