Top Home Warranty Companies 2021
Protect yourself from unexpected repair costs
Don’t get caught unprepared when a major appliance breaks. Find the best protection from unexpected costs and keep your systems running year-round.
What Home Warranty Has to Offer to a Homeowner
You just purchased your dream house along with the all the perfect décor that turns your dream house into your dream home. It’s been a few months and everything is unpacked and placed in its designated spot within your new home. So you turn your attention to rebuilding your savings account since it was depleted from the biggest and most important purchase of your life. However, within a few months of living in your dream home, you experience a costly unexpected expense when your heater blows out during the winter.
With a new mortgage payment and a limited amount in savings, you’re looking at numerous financial options on how to pay for this unexpected expense. Fortunately, you purchased a home protection plan that will cover this expense as well as any major systems and appliances that may need repair or replacement in your home.
What Does a Home Warranty Include?
Home warranties typically include coverage the following major appliances and systems:
- Central air conditioning systems
- Central heating systems
- Interior electrical systems
- Ranges, ovens, and cooktops
- Built-in microwaves
- Water heaters
- Plumbing systems
- Garbage disposals
- Washers and dryers
- Garage door openers
- Roof leaks
When Do You Need a Home Warranty?
Home warranties are offered to all homeowners whether they are new or existing. Typically, home warranty plans are offered to the home-buyer when they are purchasing a new home. However, if the buyer decides not to purchase home warranty insurance simultaneously with their home purchase, then they can secure a home protection plan at a later date. There is no time restriction as to when a homeowner can decide to purchase a warranty plan.