Home warranties are incredibly important, especially if you buy a home with older appliances. I’ll tell you why today.
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Most people don’t know what home warranties really cover. However, it’s incredibly important that you have a home warranty for your home.
Let’s say you’re looking at a home and that home has a 20-year-old furnace, a 20-year-old AC unit, and older appliances. You really like the layout of the home but you know that you will have to pay to replace or repair those appliances.
When you purchase this home, make sure that you get a home warranty. Having a home warranty and keeping it up to date will help with those costs. In fact, home warranties can absorb 90% of what that cost will be for you.
Home warranties can save you 90% of repair and/or replacement costs.
So, if you find a home you really like and see those repairs coming, a home warranty makes perfect sense for you.
A lot of people get a home warranty when they buy a home but forget to renew it. You have to renew your warranty every year. Home warranties protect you and cover more than your furnace and AC units. Home warranties cover electrical, plumbing issues, toilets, doorbells—basically, all major components of your home are covered, along with some minor components.
Like every insurance policy, there are things that are covered and things that are not. Make sure you check which items are which. That said, major items in your home should be covered.
I always recommend that you get a home warranty when you purchase a home. If you have any other questions about home warranties, give me a call or send me an email. I would be happy to help you!