openPR Logo
Press release

Is a home warranty worth the cost

05-09-2019 11:34 AM CET | Industry, Real Estate & Construction

Press release from: Manies Construction

First thing to note is that a home warranty is not the same as insurance coverage.

A home warranty is a home service contract that will cover the repair or replacement of various systems and appliances in your home. If an appliance breaks or if you have a plumbing issue, you call the home warranty company and the company will send out one of its contracted home service providers to evaluate and fix the problem. If it is a covered appliance damaged from normal wear and tear, the home warranty company will pay the repair or replacement of the item.

What Does a Home Warranty Cover?

Home warranty programs generally cover electrical, plumbing, HVAC systems and home appliances. Common home appliances that would be covered include the washer, dryer, oven, stove, and garbage disposal. You can sometimes purchase additional coverage for other parts of your home, such as your swimming pool. You will want to check the options and contract for each agency before deciding which company and plan will be best for you.

One of the pros for purchasing a home warranty is that you can do this at any time, no matter the age of your home. So, if your home is older and you think that something like your HVAC system might need replacing soon, it would be a great investment to purchase the warranty since that wouldn’t be covered under your home owners insurance policy.

One of the cons with a home warranty is that it will not cover items that have not been properly maintained. What is considered proper maintenance can be a significant gray area and is the source of many disagreements between home warranty companies and warranty holders.

The bottom line, a home warranty is not a perfect solution to the risks homeowners face. Before purchasing one, read the fine print in the home warranty contract and carefully consider whether the warranty is likely to pay off.

We found an article that explains in more detail not only what a home warranty may or may not cover along with some great questions to consider before making your decision. The article was found on MoneyTalkNews.com (see below)

Should You Buy a Home Warranty? How to Judge for Yourself

A home warranty can help you repair or replace home appliances and systems. But don't enter into a contract before asking these key questions.

https://www.moneytalksnews.com/are-home-warranties-worth-the-money/

Brought to you by Manies Construction http://www.maniesconstruction.com

As always, we offer these articles as a starting point in your research or to evoke questions that will help you make your decision.

#homewarranty #investment #homecoverage

Manies Construction is a family owned business that takes pride in top notch customer service and working side by side with our clients to make sure their projects are exactly what they envisioned.

Vault Event Media
7525 Forsyth Blvd
Clayton, MO 63105
314-261-4300
www.vaulteventmedia.com
lisa@vaulteventmedia.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Is a home warranty worth the cost here

News-ID: 1730360 • Views:

More Releases from Manies Construction

The Supply Chain Is Impacting Home Improvement Projects
The Supply Chain Is Impacting Home Improvement Projects
Don’t hesitate! Schedule your Spring projects with Manies today! Now is the time to start planning all of those projects you need done in 2022. If you know anyone that has been working on home improvements over the past year or so, you've probably heard them say that they can't get their hands on supplies needed to complete the project. With the way material shortage and price fluctuation has been the
3 Outdoor End of Summer Home Improvement Projects
3 Outdoor End of Summer Home Improvement Projects
As summer turns to fall, the brisk weather provides the perfect conditions to start tackling outdoor home improvement projects and prepare for the winter ahead. This is a great time to refresh your home’s outdoor space in preparation for the next season and take a hard look at the exterior of your home so you can repair any defects or damage before the cold temperatures arrive. Plan on these three
This is what home buyers want most in 2021
This is what home buyers want most in 2021
Check out these tips on where to spend your money for the best ROI & where you can make big impact changes without spending a small fortune. Outdoor space is in. That’s the feature most home buyers are looking for these days, according to real estate agents, who say the season’s stay-at-home orders have left millions of people feeling cooped up. If you’re going to spend time and
10 Things to do before winter sets in
10 Things to do before winter sets in
A Fall Checklist of 10 Things You Gotta Do Before Winter Sets In When the last of summer's heat is a faint memory, and you're pulling out your hoodies more than your shorts, it's time to tackle a few simple chores that'll make winter more pleasant and prevent some nasty surprises next spring. This fall checklist helps: #1 Clean and Stow Your Mower If you’re not familiar with fuel stabilizer, get to know it.

All 5 Releases


More Releases for Warranty

Home Warranty Providers Market Dazzling Worldwide | Major Giants Fidelity Nation …
HTF MI just released the Global Home Warranty Providers Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach. Major companies profiled in Home Warranty Providers Market are: American Home
Smart Choice Warranty Introduces an Innovative Warranty Plan Tailored for Conten …
Image: https://www.getnews.info/wp-content/uploads/2024/06/1719249097.png The Electronic Device Plan offers comprehensive coverage for all electronic devices, empowering digital creators to focus on their craft. Smart Choice Warranty, a top-rated provider of warranty services, is thrilled to announce the launch of its latest offering - an innovative and affordable warranty plan tailored specifically for social media content creators. With a flat-rate monthly subscription of just $39.99, this new Electronic Devices Plan offers comprehensive coverage for all electronic
Home Warranty Providers Market Analyzed By Top Companies Profiles, Available in …
The Home Warranty Providers research report combines vital data incorporating the competitive landscape, global, regional, and country-specific market size, market growth analysis, market share, recent developments, and market growth in segmentation. Furthermore, the Home Warranty Providers research report offers information and thoughtful facts like share, revenue, historical data, and global market share. It also highlights vital aspects like opportunities, driving, product scope, market overview, and driving force. Download FREE Sample Report
Home Warranty Service Market 2031: Protecting Your Investment: The Benefits of H …
Buying a home is a significant investment, and it's important to protect it. A home warranty service is a contract that provides coverage for the repair or replacement of specific home systems and appliances that may fail due to normal wear and tear. In this blog post, we will discuss what home warranty service is, what it covers, and how it can benefit homeowners. The global home warranty service market
Home Warranty Service Market 2031 "Protecting Your Home: The Growing Demand for …
The home warranty service market is an industry that provides coverage for home appliances and systems in the event of breakdowns or malfunctions. The market size of this industry has seen significant growth in recent years due to the increasing demand for cost-effective and convenient solutions for home repairs. The home warranty service industry is estimated to be worth billions of dollars, with projections indicating continued growth in the future. The
Home Warranty Provider Market Is Booming Worldwide With The Warranty Group, Land …
Latest business intelligence report released on Global Home Warranty Provider Market, covers different industry elements and growth inclinations that helps in predicting market forecast. The report allows complete assessment of current and future scenario scaling top to bottom investigation about the market size, % share of key and emerging segment, major development, and technological advancements. Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market growth