Home warranty plans what you should look for

Home warranties can have a hefty upfront cost that can range from $340-$475 for basic coverage. A lot of consumers may argue that there to expensive and they don't really need them in most cases anyway.  Although it may be true that the upfront cost of a warranty can be steep the savings are usually seen on the back end. For example your at home it's the holiday weekend and your the host. Amid all the confusion of cleaning your home, buying groceries & making a huge dinner your dishwasher goes out. Even though you are already swamped preparing the house for your guest now your forced to make time to call 5 or 6 different repair companies to find out how much they will charge just to come out and look at the dishwasher & what the cost would be to fix it.

Now look at the same scenario but this time you have a Home Warranty. It would take about 5 min. to call your warranty company and set up a convenient time for them to come out. The service charge would more than likely be less than 100.00 dollars most start at just $55.00. 

With all the home warranty plans out there what should you look for?

Here are a few basic features that should be offered

*Electrical-electric wiring, circuit breakers, burglar alarms & fire alarms, exhaust fans, central vac systems 

  telephone wiring, garage door opener,ceiling fans    

plumbing- tank leaks, pipe leaks, sump pumps, Water heaters, toilets,drain line stoppages
Kitchen Appliances- range, refrigerator, dishwasher,instant hot water dispenser,trash compactor, garbage disposal, built-in microwave ovens
Heating system- duct work ,interior gas lines, thermostats, interior gas lines,multiple units,duct work,geothermal
Air conditioning- motor valves and coils, leaks in refrigerant lines, motor, belts and pulleys, fuses, breakers

Additional Coverage can also be purchased for an additional premium

There are exclusions for each plan out there so ask questions.
A few common exclusions are filtered water towers,humidifiers, coal or wood burning equipment,fuel or propane gas storage tanks,meter boxes,data wiring

 ** Remember to read the terms and conditions page.
There may be conditions on Condos and Multi family units that each option available must be purchased separately. For leased units coverage for a home may only be available to the lessee.

 If you plan to move before your warranty expires find out if it is transferable & if it will be a fee to transfer it. If trying to sell or rent your home that may be an added bonus of why the buyer or renter should consider your home above all the others.

Do your homework before choosing a plan. Find ways to tailor that plan to fit your needs. Above all else remember you are the consumer it's your business these companies are trying to capture. Use that to your full advantage. As always be savvy not sorry!

**A few home warranty companies to start with**
             America's 2-10 warranty -www.2-10agent.com
            Old republic home warranty plan-www.orhp.com 800-445-6999
            First American Home Buyers Protection Plan-1800-992-3400

For those reading my blog I want to extend a personal thank you. Mr. Patrick who ever you are I receive you wonderful comments and want to thank you for taking the time out to express yourself on my blog.