5 Things You Can Repair With a Home Warranty

5 Things You Can Repair With a Home Warranty

Considering buying a home warranty? Perhaps you may be wondering if the plan is worth the annual cost and what you would need. Here are five things you can repair with a home warranty:

1. HVAC

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Most homeowners spend a ton of money on home repairs every year. Experts say that owners should spend about 4% of their home’s value every year on maintenance. Customers who received replacements and repairs on their HVAC systems end up paying $60 for their home warranty rather than a whopping $6,000. This includes the Freon recover and recharge, season tune-ups, and filter drier.

2. Electric

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The electrical system in the home is often the most required repairs. Homeowners with a home warranty pay for service repairs and replacements of the panels, wiring, plugs, fuses, switches, conduits, circuit breakers, exhaust fans, and central vacuums.

3. Plumbing

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Another thing homeowners use their home warranties for is to repair or even replace their plumbing. On average, most plumbing repairs cost nearly $200 for labor and parts. Home warranties cover drain line stoppages if the drain line is covered. Pipe leaks are also included especially as pipe leaks are most common.

4. ReKeys

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When moving to a new house, it is most common for new homeowners to change the keys and locks. The home warranty will often be used as a closing gift for homeowners tend to purchase re-keying locks. This helps owners to reduce costs with fantastic deals and a service fee.

5. Appliances

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Home warranties cover household appliances such as dishwashers, ovens, exhaust fans, garbage disposal, and trash compactors. Whole appliance repairs and replacements tend to cost nearly thousands of dollars, depending on the brand and appliance

These are the most common things homeowners use their home warranties. Keep these things in mind when deciding on a home warranty.

Home Maintenance Tips for Every Season

Home Maintenance Tips for Every Season

Nowadays, most homeowners tend to neglect their track of maintenance of home appliances and systems. This often leads to sudden breakdowns and hefty budgets. By staying informed and on track of your yearly maintenance, you will be able to extend the life of your units, systems and home as well.

Here are several home maintenance tips for every season.

WINTER

  • Have furnace serviced by professionals on an annual schedule
  • Inspect wood burning stove connecting pipes and chimneys
  • Check gas appliances for unusual smells or leaks
  • Insulate pipes in the home’s attic and tiny crawl spaces
  • Clear debris out of gutters, window wells, downspouts, and storm drains
  • Check attic for adequate ventilation
  • Clean the clothes dry damper, exhaust duct, and space under the dryer appliance
  • Reduce heat loss by ensuring the ceiling around windows and doors are adequate
  • Clan the kitchen air filters and exhaust hood

SPRING

  • Ensure that light bulbs are of correct wattage
  • Install a lightening protection system
  • Call an air conditioning expert to inspect and maintain system
  • Trim plants and shrubs near condensing units to ensure proper air flow
  • Check for roof damage
  • Check for drain sediments from water heater tank
  • Inspect the shutoff valve for every plumbing fixture to ensure each is functioning properly
  • Check hot and cold water supply hoses for leaks and deterioration

SUMMER

  • Check for system maintenance service annually to ensure the air condition works properly
  • Keep curtains closed during high temperatures
  • Use exhaust fans to remove excess humidity and heat when cooking
  • Close registers in rooms that are not used
  • Caulk and weather-strip all windows to close air gaps
  • Move furniture away from radiators, registers, and vents
  • Close the flue when fireplace not in use
  • Replace the filter on air units
  • Use fluorescent lights
  • Set thermostat at 78 degrees

FALL

  • Drain sprinkler systems and sediments from water hearts
  • Have a professional chimney sweep
  • Check painted surfaces for damage, failure and mildew.
  • Remove nests from chimney flues and electrical fixtures

A home warranty can help save you money and cover systems and appliances that require maintenance. While no plan will cover everything, a home warranty will help reduce costs and save you both time and money.

Image by: welcome.homeadvisor.com
Image by: welcome.homeadvisor.com

Do You Need a Home Warranty?

Do You Need a Home Warranty?

Nowadays, most homeowners tend to neglect their track of maintenance of home appliances and systems. This often leads to sudden breakdowns and massive budgets. By staying informed and on track of your yearly maintenance, you will be able to extend the life of your units, systems and home as well.

Here are several home maintenance tips for every season.

WINTER

  • Have furnace serviced by professionals on an annual schedule
  • Inspect wood burning stove connecting pipes and chimneys
  • Check gas appliances for unusual smells or leaksHomeownership is an adventure where you can create long-lasting memories with your family, beginning from the day you move in. While you wouldn’t trade these memories for the world, owning your home isn’t always a fairytale.

Imagine waking up with a broken furnace in the middle of winter. You call the closest HVAC specialist and receive the bill of nearly $4,000 total. That’s where home warranty comes in. When you pay one annual premium and a deductible per service, you won’t have to worry about unexpected repairs and to break your budget.

What is a Home Warranty exactly?

A Home Warranty covers the specific components of the house. It is the contract between a home warranty company and the homeowner that provides discount repairs and replacement services on the major elements of the home, including the furnace, electrical system, plumbing, and air conditioning. A home warranty may also cover major household appliances such as washers and dryers, swimming pools, and refrigerators.

Most plans have the basic component that provides guaranteed coverage to meet the needs of the homeowner. They can also choose to purchase one or more components that provide additional coverage at extra costs.

What is the cost of a Home Warranty?

A basic home warranty can cost a couple of hundred dollars a year. The cost of the plan will vary on the type of property (e.g. condo, townhome, duplex, single-family detached, etc.) the cost does not vary with the age unless the home is brand new.

Benefits of a Home Warranty

A home warranty will protect homeowners against unexpected expensive bills which provide a peace of mind for those who don’t have excess funds for emergencies. A home warranty will also benefit those with expensive appliances that often require maintenance.

Bottom line

A home warranty may not be the ultimate solution for homeowners, but it will likely pay off for an emergency repair or replacement. This will give homeowners and buyers a sense of security and feel more comfortable with having a home warranty. Be sure to find a reputable home warranty with a plan that will fit your needs.