When one of your systems or appliances stops working, a home warranty will step in and help you cover the costs. Getting a home warranty can give homeowners the peace of mind they need to feel less overwhelmed by homeownership.
With hot summers, maintaining your home appliances and systems, especially HVAC, are very important for homeowners in the Miami area of Florida.
Because the home warranty market has many providers — all with different price points — the House Method team decided to do the research for you to help you find the best home warranty in Miami.
The first step in protecting your home with a home warranty is determining which provider's plan is right for you. Think about the items in your home you'd like coverage for and compare the plans. Below are some factors to consider when buying a home warranty in Miami:
Many home warranties cover or have options to cover appliances and other expensive repairs, which can save you significant money over time.
Get a free quote from our #1 recommended provider in Miami
A home warranty is a service contract that helps homeowners cut back on the high costs of appliance and systems repairs. Home warranties will cover a number of home systems and appliances that need repairs or replacements due to normal wear and tear. A home warranty is one thing that can make budgeting and managing your finances easier. Home warranty plans usually have a thirty-day waiting period from the time you purchase to the time you can file your first claim.
When a covered appliance or system needs to be repaired, you file a claim with your home warranty service provider. Most companies have an online portal system to help you do this. After you file the claim, it will be assigned to a local technician or repair person who will come and assess the issue. At this point, you will also have to pay your service fee. Once the repair technician fixes the problem, they will deal with it at no cost to you. The only time you may have out-of-pocket costs is if the repair or replacement is above the item's coverage cap.
Home warranties help protect both your home systems and appliances. A home warranty can cover repair and replacement-related costs that are a result of normal wear and tear. The appliances usually covered under a home warranty plan are the microwave, refrigerator, dishwasher, washing machine, oven, dryer, and more. System coverage typically includes plumbing, air conditioning, electrical systems, water heaters, heating systems, and more. Add-on coverage options can vary by plan but commonly include things such as a second refrigerator, central vacuum, sprinkler system, septic system, and plumbing stoppages.
An important thing to note is that home warranties only cover normal wear and tear on your home systems and appliances. Things such as pre-existing conditions, lack of maintenance, misuse, and cosmetic damages are not included in the home warranty policy.
Miami's hot summers can put a strain on a home's HVAC system. Whether it's summer or winter, a home warranty can cover your home's appliances and systems in the event they need to be repaired or replaced. For example, if your air conditioner breaks down in the middle of July, a home warranty can cover the needed repairs, saving you from spending unexpected money out of pocket.
In addition, though home warranty companies vary, some providers will let you transfer your warranty if you sell your home. This can make your home more attractive to potential home buyers and maybe even make your home sell faster.
There are also some drawbacks to purchasing a home warranty policy, such as the coverage exclusions. For example, home warranties may not cover systems or appliances that already have a manufacturer's warranty. Plus, if you don't maintain your home systems or appliances properly, or if they need repairs 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 aid with some of a homeowner's maintenance concerns, but ultimately, it's up to you to determine if investing in one is a good choice for you and your family. Make sure you do your research and read over any home warranty policy that you're considering buying to get a sense of what repairs will and will not be covered under your contract.
We hope you now feel confident that you can choose a home warranty provider in Miami after reading our reviews. When it comes to home warranties in Miami, the best overall is Choice Home Warranty. It offers comprehensive coverage at an affordable premium. However, other options reviewed above are also great choices for Miami residents.
Our pick for the best overall home warranty in Miami is Choice Home Warranty but the perfect company for you will vary based on factors such as what appliances and systems you need to have covered.
A home warranty is a kind of service contract that covers repairing and replacing your major home system components and appliances.
A home warranty plan helps protect against the normal wear of home systems and appliances. Homeowners insurance protects your entire home in case of something like a natural disaster or fire. With homeowners insurance, you will not be able to file a claim should you need a new dryer or dishwasher, unless the damage is a result of a natural disaster.
A home warranty policy can cost on average anywhere from about $300 to $800 a year in Miami. Our high-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. Additionally, it's often less expensive 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 the best value is.