Why do you need a Home Warranty? You count on your dishwasher, refrigerator, heat and air conditioning every single day. But you should also count on them to eventually break down. And when that happens, will you be prepared? You could keep cash on hand to pay for these – or you could fold a warranty into your home purchase.
Being covered by a Home Warranty means that when breakdowns happen to a covered item, you don’t have to fret about unexpected covered costs and repair hassles.
So what is a home warranty?
It is a service contract that covers the repair or replacement of parts and components of your home systems and appliances when they break down due to normal wear and tear.
Why do I need a home warranty?
If one of your home appliances or systems breaks down, it can mean more than your air conditioning or dryer not working. It can also mean having to cover a large unexpected expense. Instead of paying the full retail cost to repair or replace a covered item, a Home Warranty helps you manage the costs of unexpected covered breakdowns.
How does it work?
You choose a coverage plan that fits your home and budget. When you request service for a covered item, you’ll usually pay a small fee for the inspection/service call, with most items then being fixed or replaced thereafter via the warranty.
Why is buying a warranty a good decision for my budget?
If you are looking for stability then warranty helps protect your budget when a covered item breaks down. If you have an American Home Shield home warranty, you pay for your monthly home warranty plan and pay a service fee when you request service instead of paying the full retail cost of repairing or replacing a covered item out of pocket.
To understand more about how a warranty can help augment your home insurance check out this handy comparison.