What is home warranty and when should I consider having one?
A home is one of the single largest investments that we make. It is similar to having insurance on your home, except that it covers the operating systems. A home warranty plan protects you against potentially huge repair bills. It covers no matter how many breakdowns occur or how much it costs to fix or replace the covered item. You can feel comfortable knowing that in most cases, you'll pay only a nominal service fee per repair call. This warranty can be purchased on all types of homes. A basic plan covers things such central air, heating, plumbing, electrical, appliances, water heaters, sump pumps and exhaust fans. Other coverages can also be purchased to cover pools, wells, septic systems.
Each company has a different fee per repair call ranging from $50-$100, some plans have deductibles. It is best to speak with agent to determine what type of policy will work best for you. When making an offer to buy a house ask that the seller pay for the warranty. If you have a home to sell, offer a warranty.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment