Getting Good Home Warranty Deals
With an upfront quote request from your contractor or warranty provider, homeowners can easily gain insight into costs and coverage options available to them.
08/07/2023
Before choosing a home warranty company, check if its sample contracts can provide clarity of expectations and eliminate misunderstandings that lead to denied claims.
Choose plans that meet both your budget and coverage needs, plus add-ons that complete your package.
1. Ask for a quote
Home warranties have earned themselves an unfavorable reputation among homebuyers as unnecessary add-ons, which may seem intimidating at first. But with an upfront quote request from your contractor or warranty provider, homeowners can easily gain insight into costs and coverage options available to them.
Ohio warranty quotes depend on which plan and coverage limit are chosen, with coverage limits differing based on each plan's plan selection and limits. It is wise to choose an extensive policy which includes details about what it covers, actions that void its contract, as well as cost caps per event or year.
Some home warranty companies also provide sample contracts to help prospective customers understand what to expect in a finalized agreement. Furthermore, some provide coverage options such as pools, septic tanks and sump pumps - something particularly helpful for new homeowners unfamiliar with their appliances and systems.
2. Look for a company with a good reputation
Homeowners shopping for home warranty plans should carefully consider how service requests will be submitted and the policy's coverage. Companies offering 24/7 call centers or online portals to facilitate this is beneficial; many also have various payment methods so it is crucial that homeowners understand this fully. And the money you save can be reinvested, like with a DIY project.
Choice Home Warranty provides both basic and premium plans that cover more appliances and systems, boasting an industry-leading customer satisfaction rate and providing clients with an online portal and mobile app to conveniently submit claims.
Notable companies to consider when choosing home warranties include First American Home Warranty, ARW and Liberty Home Guard. Liberty Home Guard offers homebuyers an excellent way to purchase warranties before closing on their property - plus has an agent portal so real estate agents can sell policies directly.
3. Look for a plan with a low service fee
Home warranties provide invaluable peace of mind to homeowners looking to safeguard their investment. They're especially useful for sellers planning on selling in the future, as home warranties help buyers feel assured about purchasing homes which may need repairs down the line. It is wise to shop around when considering home warranties; as well as considering costs, look for plans which offer 24/7 customer service support and offer 24/7 access.
Homeowners when selecting their plan should carefully consider both service charge rate and any add-on coverage they wish to purchase. Inquire if there are sample contracts available as this will give an idea of what the final contract might look like. Furthermore, ensure the company you're considering covers your area or else risk paying an expensive premium that you won't even use; ask about its cancellation policy too.
4. Look for a plan with a long term
Home warranties come at an expense. Their cost consists of both an annual or monthly premium payment as well as service call fees that contractors may assess when visiting to do repairs on your home. Fees differ between companies; some offer different plan options to ensure you choose one that meets your budget requirements.
Look for an insurance provider that provides 24/7 customer service so you can reach them when you need help. In addition, check if they offer mobile apps to submit claims easily.
Home warranties can be an ideal way for new homeowners to cover systems and appliances that would be difficult to repair without extra help. When making this decision, compare quotes from multiple providers as well as sample contracts before making your choice. Furthermore, always compare home warranty plans against homeowner insurance plans; homeowner warranties cover repairs while insurance protects against reconstruction or replacement expenses.