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.


  • 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.