As a homeowner, one of the major threats to your newly built home are the potential appliance or system-related damages that can burn a big hole into your pocket.
Hence, purchasing a comprehensive home warranty policy or plan is one of the most effective ways to keep your home appliances or systems repairing or replacement costs down.
A home warranty policy is usually an annual contract that covers the costly repairing or replacement costs of the broken home appliance or system due to regular wear and tears. A lot of people still misunderstand a home warranty plan with a home insurance plan but both the completely different. Having a home insurance plan is a must when you have a mortgage loan and it covers the structural damages to your home due to theft, fire, hailstorm and other natural disasters but it doesn’t cover the cost of broken appliances or systems inside the home. Unlike the home insurance plans, a home warranty plan is optional coverage.
Often you might feel tempted to choose a cheap home warranty company, but it is always safe to go for a reputed company.
Below are a few tips that you should consider at the time of choosing a home warranty plan-
Do thorough research:
One of the most effective ways to find a perfect home warranty service-providing company is to undertake thorough research. Make a list of well-known companies that provide services in your area.
Once you have made the list, request a quote from each company and compare them based on the plans and pricing. Now check the different plans offered by different companies and see what plans the best suit your requirements. After that, shortlist the top 3 companies, contact them and ask for further information like discounts, special offers, coverage type, etc.
You can also check the customer review and ratings and your family members, relatives, friends, colleagues for recommendations. Always remember one thing that with sufficient knowledge and understanding, you can always make a perfect buying decision.
Different types of warranty packages:
Usually, good home warranty service providers cover all types of home appliances and systems, ranging from basic ones to costly items.
A well-known company like ServicePlus home warranty offers plans for basic home appliances, systems and comprehensive plan that covers both home appliances and systems. Most home warranty companies offer add-on coverage for systems like swimming pools, garage doors, roofing systems for extra costs.
Easy claiming process:
You should not choose a company that provides lengthy claim lodging and processing procedure. Best home warranty companies always offer easy and fast claim management procedure
The claim process should be easy, flexible and customer-centric. For example, you won’t have to go to the company’s office physically to lodge a claim, rather you can do it online from the comfort of your home. Furthermore, the company should also offer 24-hours customer support when required.
Service and annual fees:
Cost is one of the most crucial things that you should consider when choosing a home warranty company. A home warranty plan aims to reduce all your appliances or system repairing or replacement-related costs.
The annual home warranty fee depends on factors like your requirements, property size, location, etc. You should opt for a company that offers high-quality service at an affordable cost and this is where ServicePlus Home Warranty wins the market by providing the best-in-class home warranty services at very competitive prices.
So, now you might have gotten a clear picture of the things that you should consider to pick up the best home warranty protection company in your area. It’s time to make the right decision.