Are you the proud owner of a home? Is it brand new or pre-owned? If you own an older home and you haven't done any remodeling or had anything replaced recently, there's a good chance that your home’s systems and appliances may be beginning to show their age. In other words, one or more of them could be on the verge of failing. Hopefully, that isn't the case, but are you prepared to pay for repairs or replacements if disasters strike? That's where a home warranty from American Home Shield can come in handy. A home warranty will save you from high out-of-pocket costs due to appliance and system failures from wear and tear.
Let’s take a closer look at the primary reasons to get a home warranty, especially if you have an older home.
Save Money With a Home Warranty
At first, it may not seem like a home warranty is saving you money. After all, you'll have to purchase the plan, and it costs most people between $300 and $600 annually. However, when a home system or large appliance breaks down, you’ll only pay service fees of between $60 to $125.
That's a big deal because if a big-ticket item goes down, you could have to spend what feels like an arm and a leg to fix or replace it. Take your refrigerator, for instance. If its motor goes out and the unit stops cooling, that can set you back $1,000 or more. Of course, a fridge isn't the only thing a home warranty can help with. Some of the other items commonly covered by a home warranty include:
1. Air conditioners
2. Stoves and ranges
3. Heating units
4. Garbage disposals
5. Indoor plumbing
6. Other integral household systems and appliances
If your house is a bit older and internal systems and appliances are continually breaking, a home warranty could save you a bundle in the long run. Paying for services, repairs, and replacements on your own would put a big dent in your budget. Don't let that happen; save yourself some cash with a home warranty.
Peace of Mind
People have enough stress and worries in their lives these days. The last thing they need is for more to become piled on top of that. But, that's exactly what could happen if a homeowner doesn't have a home warranty. For example, a refrigerator might stop cooling, leaving your food spoiled and rotten. Or maybe the AC is continually freezing up in the middle of summer. As such, family members are left sweating through their pajamas while trying to sleep.
Such an issue can leave the head of the household unable to sleep at night. They'll worry about loved ones getting sick because of the heat or where to get the money to get the AC fixed. A home warranty can make such concerns non-existent, as paying a low service fee is budget-friendly. So, think about investing in a home warranty if you can afford to do so. Yes, the investment can save you money when big-ticket items break. It can also provide you with peace of mind. Once you get a plan, you'll be able to rest easy, knowing that you have a safety blanket to cover major expenses if they arise.
Easily Locate Service Professionals
Another reason to purchase a home warranty is that it will make it easy to locate service professionals. If you've ever had to try to find a reputable plumber or electrician, you know that can be quite a tall order. You have to ask around, read reviews and then hope that the one you select turns out to be legit.
A home warranty eliminates the hassle and headache of finding service professionals. The warranty providers sign up reputable local contractors to do the work. These contractors have to go through vetting and background checks. That gives you the reassurance that trustworthy professionals are standing by to tackle your job when you call.
These are some of the top reasons why it is essential to get a home warranty, especially if you have an older home. You shouldn't attempt to replace your homeowners insurance with a home warranty, though. The latter will complement the first nicely and vice versa, so get them both for the added protection that your older home needs.
