Most of the time, purchasing a home warranty plan is a great way to protect your home and have peace of mind if anything breaks. This is especially true if you live in an older home, as many appliances and infrastructure in your home may be dated and prone to breaking.
If you’re considering purchasing a home warranty, you’ll want to make sure you’re prepared to make the purchase before doing so. In some cases, a home warranty may not be right for you. If it is, however, there are many options and plans available, making the decision one to not take lightly.
To learn more about purchasing the right home warranty plan for your home, keep reading.
Decide if a home warranty plan is worth it
First, you need to figure out if a home warranty plan is even the best option for your home. If you purchased or already live in a newly-constructed or remodeled home, a home warranty may not be the right decision in the moment if your appliances and infrastructure are new or unlikely to break any time soon.
If you live in an older house, already have frequent breaks, or know some appliances and infrastructure are reaching the end of their expected lifespan, it may be worth it to purchase a home warranty. This way, you can avoid frequent repair costs that may be more than the cost of a home warranty plan anyway.
Research available plans and options
Finding the right home warranty plan for your home takes research. With many home warranty companies offering different types of plans, purchasing a plan isn’t done with a simple call or click of a button. Some home warranty plans are only offered in certain states and have different types of coverage and plan options.
Many home warranty plans let you decide on what you want to cover. For example, you can get a plan that covers just appliances or systems, or you can choose a custom plan. Every plan has a different cost, so before you begin your research, determine what you would like to have covered and how much you are willing to pay.
Home warranty plans also have different types of responses and fees associated with repairs needed. Some plans allow you to use your own contractor, while others choose one for you. Emergency repairs are also important, and many home warranties have different types of coverage for those as well. Make sure you conduct extensive research into each plan as well as comparing the pros and cons of each to make your decision.
You can learn more about the different home warranty plans by checking out the home warranty review experts at House Method.
Get a variety of free quotes
Once you’ve narrowed down your choices, you can request free quotes from most home warranty companies. Having quotes gives you a solid price to base your decision on. To get a free quote, simply enter your contact information on the website of the plan you are considering purchasing.
Don’t be afraid to ask questions about different home warranty plans. Asking questions allows you to learn more about each plan, clarify any confusion, and get the full breakdown and reasoning behind every plan. Some of the most important questions include:
- Are there any limitations or coverage caps to this plan?
- What is the average response time if a repair is needed?
- Who are the contractors your company uses?
- How is your customer support?
- Do you offer any additional services?
- Will the price of my plan increase over time?
These questions often cover information that isn’t readily available to a customer during the researching phase, so don’t forget to ask.
Once you follow these steps, you’ll have a better understanding and idea of the plan you wish to purchase. By going into this process with your specific needs and limitations, you can make an educated decision. Finally, don’t forget to check out reviews for every company you’re looking into — you wouldn’t want to work with a company with an overwhelming amount of negative reviews. Good luck in your search!