It’s important to select a home warranty company that fits your needs, lifestyle, family and home. Before choosing a company, consider the following factors to make sure the home warranty plan you choose will be worth it.
Your Coverage Needs
Depending on your home, appliances and systems, you may only need a basic plan that covers the big necessities, or you may need a more comprehensive plan. To determine the type of plan you need, take stock of your appliances and systems and focus on getting a warranty for older items (since newer items don’t necessarily need to be under warranty right away).
Your budget
Home warranty companies offer a range of plans and pricing, so go with whatever checks the majority of your coverage boxes while also fitting your budget. Gather quotes from multiple companies so you can determine the average cost for a home warranty that covers your prioritized items. If you’re not sure where to start, real estate agents are great resources to ask, or even friends and neighbors.
Contracts and Terms
Before signing on that final line of a contract, make sure to thoroughly read it so that you’re aware of what isn’t covered, any limitations to coverage and replacement policies.