As a Bucks County homeowner, you have enough on your plate without having to deal with the repair or replacement of a malfunctioning home appliance or system. It never fails, appliances typically break down at the most inconvenient times. A fridge typically stops working when it is fully stocked with food or the furnace quits in the middle of a cold freeze. It is a huge headache only to be made worse if these appliances or systems are not under manufacturer warranty. This is when a home warranty comes in handy.
A home warranty gives a homeowner peace of mind when it comes to protecting your major appliances and systems. It is a service contract between the home warranty company and the Bucks County homeowner. It offers repair and replacement services at discounted prices for appliances such as: washers, dryers, stoves, HVAC systems, plumbing and electrical systems.
Home warranties play a major role in buying and selling of homes in Bucks County. A motivated seller might offer buyers a home warranty in order to sell their home faster. A buyer who is not offered a warranty by the seller may want a home warranty to help alleviate future issues in the major purchase of a new home. The warranty alleviates extra costs and headaches associated with appliance and system breakdowns.
Many homeowners are not aware that there is a big difference between a home warranty and homeowners insurance. Homeowners insurance is typically a legal necessity when purchasing a home. It covers things like water damage, hail, storms, property crimes, water damage and other items that can cause problems with a home’s interior or exterior structure. It even covers a homeowner's possessions. In some instances, it also covers general liability for when someone gets hurt on your property.
While insurance covers overall damage caused by natural disasters, a warranty covers major appliance repair and replacements. It also covers malfunctioning systems due to mechanical failure. This is why it is important to have a home warranty in addition to your homeowner’s insurance. They are not the same and they cover different items within your home.
The home warranty covers appliances and house systems mentioned in the warranty between the company and the homeowner. It is a protection plan that helps cover the repair and replacement expenses that break down due to everyday wear and tear. A home warranty is similar to an insurance policy in that there are typically different deductible options to choose from. You can pay a higher per month charge for a lower deductible or a lower per month charge for a higher deductible.
If a covered appliance or home system breaks down, you call the warranty company for service. You’ll tell them what the problem is, what appliance, and choose an appointment time. The home warranty company usually takes calls and sets service calls 24/7, including weekends and holidays.
The warranty company will then send out the appropriate service professional to make the repairs or offer a replacement model. You would, however, be responsible for paying for any home repairs that are not covered by the home warranty.
Most home warranty plans cover the majority of the major appliances and systems in your home. Terms and conditions between policies are different and the amount covered does vary between company to company. Below are some of the items that could be covered in a home warranty.
Keep in mind that terms and conditions vary depending on the provider. Always check the protection details to see what the limitations, exclusions, etc are written into the plan. Bucks County homeowners should shop for a plan that gives them the best coverage for what they have in their home.
Obviously, if the home warranty is being offered with a house you are purchasing, take it. If it doesn’t, it is an effective way to save money while ensuring your important appliances and house systems continue to run and function properly.
A home warranty is a good choice if you do not have a lot of emergency money set aside nor any repair skills or talent. Paying one yearly payment or monthly payments to give you peace of mind is worth the cost.
Outside of the obvious (repairing or replacing appliances and home systems) a home warranty can offer a home owner the following benefits:
A home without a home warranty can cause major headaches for homeowners in Bucks County. Investing in a home warranty is a financially smart decision for homeowners to protect their investments and peace of mind. Choosing the right Bucks County home warranty company is made easier since AgentsAdvise has picked the best companies in the area for you to choose from. These companies are local, trusted, and ready to take care of your home warranty needs.