Protect Your Home by Making Home Warranty Comparisons?

Answer 1

A home warranty is one of the easiest and least expensive ways to save money on a regular basis. They come from many different companies but all work in the same way. You choose a company to buy a warranty from, verify that everything in your home is in working order, and decide on the amount of coverage you want. The company bills for you an upfront premium, which covers the home for an entire year. During that year, if any covered items or parts break or need to be replaced, you call the warranty company and they fix or replace it. However, since there are so many companies, it's important to do home warranty comparisons to get the best deal.

You can contact each company individually for a comparison. You want to make sure that you only consider companies with locations near you. Otherwise, you could wait a long time for repairs and technician visits as the company scrambles to find someone near your home. Ideally, the home warranty company you choose will have a variety of handymen that they can call for every repair. This keeps you from waiting days and days while techs are on other calls.

It's important to compare the levels of service you can get with each warranty company. Typically, each company offers several different warranties, offering more and more coverage for higher and higher prices. Compare what parts are and are not covered at each level, and check for any parts that are very important to you. Many check for the furnace to be covered, as it is an expensive fix that can be covered by a home warranty.

After you've compared the different warranties offered by each company, it's time to decide. The final comparison is the price comparison. Look at comparable warranties across and within companies, looking for the lowest priced warranty. Make sure it has all the coverage you want, and then you can make your decision.