If you’re a homeowner, you most likely want to do everything in your power to protect your property. Unfortunately, fences, security systems, and constant vigilance may not be enough. Even maintaining homeowner’s insurance may not provide all the protection you need against unexpected problems. That’s where home warranties enter the mix. They provide an extra safety net that can cover expensive repairs and replacements when needed.
Why Do I Need a Home Warranty?
First off, you want to get a home warranty to help make unexpected expenses easier to manage. These plans give you extra predictability for your monthly budget. Owning a home comes with numerous expenses. When essential appliances or home systems break down, they can create major financial hardships. A home warranty helps you plan ahead for those costs. You know they’re going to happen, but you don’t know when. The more predictable monthly cost of a home warranty helps you avoid sudden, problematic out-of-pocket expenses.
Maintenance is another reason all homeowners need a home warranty. Life can get busy and chaotic at times, so you’re bound to forget even important things. That includes routine maintenance. Despite its importance, it often gets overlooked or pushed to a back burner. In some cases, homeowners don’t even know where to begin looking for someone to provide appliance and home system maintenance.
Home warranties help with this as well. They give you a single point of contact for all repairs and replacements covered under your policy. With just a phone call or online request, you can schedule a qualified, approved technician. Some home warranties even keep track of maintenance requirements and remind you about them. That makes matters much simpler.
Readily Available Repairs
Along those same lines, a home warranty gives you access to a network of qualified service technicians. Warranty companies partner with licensed and insured contractors to ensure their customers receive high-quality appliance repairs and replacements. That keeps you from having to search for technicians and wonder if you’ve chosen the right ones. Repairs are always at your fingertips.
Higher Property Values
Additionally, having a home warranty may boost the value of your property. These plans are often transferable, so they’re essentially part of a package deal. If you decide to sell your home, potential buyers may be more interested if they know major appliances and systems in the house are covered by a home warranty. They’ll be more inclined to pay your asking price as well. Knowing they won’t have to worry about significant out-of-pocket expenses shortly after buying the home gives prospects confidence.
Added Peace of Mind
On top of all that, a home warranty gives you added peace of mind. Owning a home can be stressful and expensive, especially when the need for unexpected repairs or replacements arises. Having a home warranty gives you a sense of security. You know you’re financially protected against substantial repair bills and the hardships they can bring about. Because of that, you’re able to enjoy your home without worrying about the frustrations and financial burdens of breakdowns.
Protecting Your Home and Appliances
A home warranty can provide numerous advantages, including financial predictability, access to qualified service technicians, and higher property values. All those benefits can certainly reduce stress and give you an extra layer of security. With a warranty in place, you can rest assured routine maintenance and breakdowns won’t cause unnecessary problems.