A home warranty can give you the peace of mind you need about your home and guard your bank account from large expenses by covering your home's major systems and appliances.
There are many perks of homeownership in Loveland. But, major home systems and appliances, like your plumbing and kitchen appliances, can break down due to normal wear and tear, leaving you with expensive repairs.
Although a home warranty can help with your expenses as a homeowner, one pain point is narrowing down the perfect choice for your Loveland home. That's why we've done the research and have compiled a list of the best home warranty companies in Loveland.
When you're ready to buy a home warranty, the first step is deciding what appliances and systems you need coverage for. From there, you can compare plans and contact different home warranty companies to get a free quote. Here is a list of factors that you'll want to take into consideration when selecting 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 service contract that covers the cost of repairing or replacing major home systems and appliances when they stop working over time due to normal wear and tear. Having a home warranty in place can offer you some peace of mind and prevent you from paying unexpected out-of-pocket costs. Most home warranty plans take effect about 30 days after purchasing the home warranty plan.
Filing a claim with your home warranty company is quite simple. There will be either an online portal or a direct phone number to file your claim with your home warranty company. Once you submit the claim, it will be assigned to a local repair technician that will come to your home and take a look at the issue. At this point, you pay your service fee. Service fees usually range in price from around $60 to $150 and this is the only out-of-pocket expense you will have to pay unless the repair cost is higher than your home warranty's coverage cap.
A home warranty in Loveland typically covers the main systems and appliances in the house. Typical appliances covered under a home warranty include a microwave, garbage disposal, dryer, washer, refrigerator, dishwasher, and more. The systems that are most commonly covered will be hot water heaters, heating systems, plumbing systems, air conditioners, and electrical systems. Add-on options can vary from one plan to another but typically include things like a second refrigerator, plumbing stoppages, sprinkler system, septic system, and central vacuum.
A home warranty will only help you with repairs and replacements due to normal wear and tear. If you don't take care of your appliances or systems and follow preventative maintenance guidelines, the home warranty will not cover it. Things such as pre-existing conditions, lack of maintenance, cosmetic damages, and misuse are not covered by a home warranty policy.
Home warranties are an affordable way to guard your home systems and appliances from normal wear and tear. With temperatures in Loveland reaching upward of 51 degrees in the summer, you may find that certain appliances, such as your air conditioner, get a lot of use. A home warranty can significantly bring down your out-of-pocket costs should your HVAC system stop working.
Plus, though it varies by company, some providers will let you transfer your warranty in the event that you sell your home. This can make your house more attractive to potential home buyers and maybe even make your home sell faster.
As for the drawbacks of home warranties, home system and appliance coverage varies by provider so it's important to read what each policy covers and doesn't include in the contract. Additionally, if you don't maintain your home systems or appliances properly, or if they were damaged due to a natural disaster or animal infestation — anything other than normal wear and tear — the home warranty may not cover it.
A home warranty can be the solution to some of a homeowner's maintenance worries, but in the end, it's up to you to decide if investing in one is a good choice for you and your family. Be sure to do your research and read over any home warranty contracts that you're seriously considering purchasing to understand what repairs will and will not be covered under your contract.
A home warranty in Loveland can save you a lot of money and offer you peace of mind when it comes to expensive home repairs and replacements. The best provider in Loveland is Choice Home Warranty. Its comprehensive coverage, affordable pricing, and easy to understand plans make it a great home warranty for Loveland homeowners.
The best home warranty provider in Loveland is Choice Home Warranty. Choice Home Warranty has a large network of experienced service technicians and a great reputation in the Loveland area.
A home warranty covers the normal wear of home systems and appliances. A homeowners insurance plan protects your entire home in case of something such as a natural disaster or fire. Under a homeowners insurance plan, you will not be able to file a claim if you need a new refrigerator or stove, unless the damage is due to a natural disaster.
First-time home buyers, homeowners, home sellers, landlords, and real estate agents are all eligible for home warranty plans. A home warranty can help make your house more attractive to prospective buyers and save homeowners money in the long run.
Most home warranty policies have a 30-day waiting period before you can file claims, but some may let you file sooner so be sure to check with the company about this.
A service fee is an expense that must be paid before a repair person or contractor comes to your home to fix 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 expense that homeowners have with a home warranty in place except for the monthly premium/annual cost.
A home warranty policy can cost on average anywhere from about $300 to $800 a year in Loveland. Our top-rated home warranty providers' most comprehensive coverage options vary from $546 to $840 per year. You can get a lower monthly payment with some companies by choosing a higher service fee. In addition, it's usually less expensive to pay annually rather than monthly. For example, the warranty might cost $50 per month or $570 for 13 months. In this example, going with the annual plan over monthly payments saves you $80. It's important to compare plans to determine what the best value is.