A home warranty can give you the peace of mind you need about your home and guard your savings account from large expenses by covering your home's major systems and appliances.
With sunshine year round, Riverside is a great place to own a home. However, homeownership doesn't always come easy, like maintaining your home's systems and appliances.
Choosing the best home warranties on the market can be difficult because of the many options out there. If you are tired of trying to compare the different options, keep reading for our guide on the top home warranty companies in Riverside.
The first step in protecting your home with a home warranty is determining which company's plan is right for you. Think about the items in your home you want coverage for and compare the plans. Policies can vary, so take into consideration the following factors when deciding on a home warranty provider:
Many home warranties cover or have options to cover appliances and other expensive repairs, which can save you significant money over time.
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A home warranty is a protection plan for home systems and appliances. When your refrigerator breaks down and the repair is several hundred dollars, a home warranty will make sure that your only cost is a predetermined service fee. Home warranty coverage usually starts without an inspection and generally goes into place about thirty days after making your first payment.
When you have a system or appliance that experiences a problem, you file a claim with your service provider. You can do so online or by calling them, and then a contractor will come and fix the problem. Once you file the claim, it will be assigned to a local repair person that will come to your home and fix the issue. At this point, you pay your service fee. Service fees generally range in price from about $60 to $150 and this is the only out-of-pocket fee you will have to pay unless the repair cost is more than your home warranty's coverage cap.
A home warranty in Riverside usually covers the main systems and appliances in your home. Typical appliances covered by a home warranty plan include a washer, dishwasher, microwave, dryer, garbage disposal, refrigerator, and more. The systems that are most commonly covered will be air conditioners, hot water heaters, electrical systems, heating systems, and plumbing systems. You can also opt to pay extra for add-on coverage for items such as septic systems, swimming pools, spas, and roof warranty.
Riverside homeowners should know that a home warranty plan will only cover repairs and replacements due to normal wear and tear. Home warranties do not cover things like natural disasters, misuse of a system or appliance, cosmetic issues, or pre-existing conditions. You need to keep up with preventative maintenance on your home systems and appliances to ensure that your next repair or replacement-related issue will be covered by the policy.
Temperatures in Riverside can get quite high in the summer, which means your air conditioner is most likely going to get a lot of use. As a homeowner in Riverside, one of the benefits of having a home warranty is knowing that these home systems and major appliances can be covered if they have to be repaired or replaced.
A home warranty can also have value in other ways. For example, some policies can be transferred to another owner during a home sale.
There are also some negatives to getting a home warranty policy, such as the coverage exclusions. For example, home warranties may not cover home systems or appliances that are already covered under a manufacturer's warranty. Another thing to take into consideration is that some companies don't cover pre-existing damage and may require an inspection before your coverage can start. Ask the home warranty company for clarification about these things if you need more information or if this is a problem for you.
Owning a home is a big responsibility that can be expensive, but rewarding. A home warranty is one thing that can help ease the costs of home maintenance, but whether or not it's worth it for you is something you'll have to determine before purchasing a policy.
Hopefully, you now feel as though you can choose the best home warranty for your Riverside home. Choice Home Warranty stands out as the best overall company. With its comprehensive coverage, affordable cost, and a good reputation in the industry, Choice Home Warranty has a lot to offer.
The best overall home warranty provider in Riverside is Choice Home Warranty but the right company for you will depend on factors such as what appliances and systems you need coverage for.
A home warranty is a service contract that covers the repairs and replacements of your major home system components and appliances.
A home warranty can help homeowners, investors, homebuyers, home sellers, and real estate agents. It can provide peace of mind to anyone that is involved with homeownership.
A service fee is an expense that you pay before a repair person or contractor comes to your home to repair your home warranty-related issue. Prices typically range between $60 and $150. Service fees are sometimes referred to as deductibles, and they should be the only out-of-pocket cost that homeowners are subject to with a home warranty in place except for the policy's premium.
A home warranty plan can cost on average anywhere from around $300 to $800 a year in Riverside. Our top-rated home warranty providers' most comprehensive coverage options vary from $546 to $840 per year. You can lower your monthly bill with some companies by choosing a higher service fee. In addition, it's often cheaper to pay annually rather than monthly. For example, the warranty might cost $50 a month or $570 for 13 months. In this example, choosing the annual plan over monthly payments saves you $80. The key is to compare plans to determine what you're really getting for the price.