Because an appliance and home system can stop working at any time, you never know when you will need a repair or replacement. Without proper financial coverage, appliance and system repairs and replacements can be costly. And, if you are on a tight budget, it can be difficult to pay for those unexpected expenses. A residential home warranty offers important financial protection when there is a sudden appliance or home system breakdown.
A residential home warranty covers unexpected repair costs for appliances and home systems covered under the warranty plan that would not normally be covered under home insurance or manufacturer’s warranty. Homeowners insurance covers damage caused by natural or man-made disasters such as, but not limited to: tornadoes, hurricanes, fires, floods, and theft. However, homeowners insurance does not protect against appliance and home system failure due to normal wear and tear, mechanical issues, and the age of the item. There are residential home warranty plans available that offer coverage for current and aging home systems and appliances, regardless of make, brand, age, or model.
Trusted Warranty Coverage
If an appliance or home system stops working and the problem is due to normal wear and tear, or a mechanical failure, or age, and it is covered under the terms and conditions and limits of the warranty, then the appliance or system will be repaired or replaced. That is, if a covered appliance or system cannot be fixed, the warranty provider will either replace it when possible or provide an allowance towards replacing the item in accordance with the contract’s terms & conditions.
When a residential warranty covering a major appliance or home system breaks down, the homeowner will contact the warranty company and a service representative will arrange for a licensed, pre-screened, pre-qualified service technician to go to the home and assess the situation. The warranty provider has a list of trusted and verified local service technicians.
Residential Warranties Saves Homeowners Money And Time
Home warranty companies provide coverage for a fraction of the average repair cost. A homeowner can save hundreds and even thousands, depending on the unit, by helping to cover the cost of repair or replacement of household appliances and systems that break down due to normal wear and tear or age of the item.
What Does A Residential Home Warranty Cover?
A residential warranty plan can include, but is not limited to, major appliances, devices, and systems such as:
Central air conditioning and heating
Washer and Dryer
Garage door opener
Residential home warranty plans vary, as it depends on the policy package and add-ons you select.
When homeowners buy a residential home warranty from a trusted provider, they enjoy prompt and professional customer service, fast professional technician service for emergencies, and response to a request for service within 24-48 hours. The benefits of a residential home warranty make it a smart investment in the home.