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Four things to know about home warranties 

Here are five things you’ll want to know about home warranty plans 

Many homeowners opt to purchase a home warranty plan to protect their home. By doing so, homeowners can get quick and easy repairs for broken appliances and systems in their home. But, this doesn’t mean home warranty plans are the right choice for every home.

If you are considering purchasing a home warranty plan in California, do your research first. In this article, we’ll discuss five different things you should know about home warranty plans. By doing this, we hope to help you make a more informed decision about whether or not to purchase a plan. Keep reading to learn more.

The plans aren’t one size fits all

Just as all homes aren’t the same, neither are home warranty plans. Home warranty companies typically offer different types of coverage based on home size, preference, and availability. Depending on your home, you can choose from plans that cover appliances, systems, your whole home, and more.

There are potential limitations

Home warranty plans don’t necessarily want to pay for every replacement and repair in your home. This doesn’t mean you can’t trust them to do their job, but you have to expect some sort of limitations for every plan. Some repairs, replacements, and parts may not be covered by your plan. Additionally, if your home warranty plan does cover replacements, they may only replace up to a certain amount.

If you do purchase a home warranty plan, familiarize yourself with the limitations of your plan. This way, you’ll be able to avoid or be prepared for any surprise fees. 

They can save you money

One of the great benefits of home warranty plans is the amount of money you can save. Instead of paying for new parts, replacements, and service visits from an individual contractor, you’ll only pay the monthly premium and service fees.

On the flip side, however, you may be paying for nothing. While having nothing break in your home is a good thing, you’ll still be paying for your home warranty plan. Despite this, many people value the peace of mind of having a plan over the cost itself. 

Your whole home isn’t covered

Similar to the limitations of home warranty plans, they don’t cover your entire home. Most home warranty plans don’t offer coverage for roofing, the structure of your home itself, and other aspects of your home. Before purchasing a plan, you need to know exactly what is covered. It would be unfortunate to purchase a plan with the intent of having a major repair done only to find out the repair isn’t covered. It’s no secret that many home warranty companies have fees and exclusions in fine print

Hopefully, this article gave you more insight into home warranty plans. In your search for more information, don’t forget to research reviews, plans that are available in your area, and the types of coverage plans. Even if you decide against a home warranty plan, you’ll still have peace of mind knowing you made an informed decision. 

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About the author: Access Publishing

Scott Brennan is the publisher of this newspaper and founder of Access Publishing. Connect with him on Paso Robles Daily News on Google, Twitter, LinkedIn, or follow his blog.