A Franklin Park home warranty policy can help protect home buyers and current homeowners by reducing the costs of major repairs and replacements on your home's appliances and systems.
With hot summers and cool winters, maintaining your home appliances and systems, specifically HVAC, are very important for homeowners in the Franklin Park area of Illinois.
Finding the best home warranty on the market can be quite overwhelming since there are so many companies to choose from. That's why our team at House Method did the research and made a list of the best home warranty companies in Franklin Park for you.
Finding the best company for your home warranty is the first step toward protecting your house. Below 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 lowers the cost of repairs when one of your home systems or appliances breaks down. A home warranty can help homeowners who need to keep a budget in place and don't want to dip into their savings to pay for large repair or replacement expenses. Typically about 30 days after a home warranty plan is paid for, the coverage will start on your home systems and appliances.
For Franklin Park homeowners, when a problem happens with a covered appliance or system, it is very straightforward to file a claim. Most home warranty companies have an online portal where a claim can be submitted. Once you submit the claim, it will be assigned to a local service technician that will come to your home and repair the issue. At this point, you pay the service fee. Service fees usually range in price from around $60 to $150 and this is the only out-of-pocket fee you will need to pay unless the repair cost is higher than your home warranty's coverage cap.
Home warranty plans help protect both your home systems and appliances. A home warranty can cover repairs and replacements that are due to normal wear and tear. The appliances usually covered under a home warranty plan are the oven, refrigerator, dishwasher, microwave, washing machine, dryer, and more. System coverage typically includes heating systems, air conditioning, plumbing, water heaters, electrical systems, and more. The add-on coverage options can include roof leak, septic system, pool, spa, and sometimes even things like locksmith or pest control.
A home warranty will only cover repairs and replacements due to normal wear and tear. If you don't take care of your home and follow preventative maintenance guidelines, the home warranty will not cover it. Things such as misuse, pre-existing conditions, lack of maintenance, and cosmetic damages are not covered by a home warranty policy.
Franklin Park's cold winters 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 stops working in the middle of July, a home warranty can cover the needed repairs, preventing you from spending unexpected money out of pocket.
Additionally, having a home warranty can save you some time by removing the need to research repair people--most providers will send a trusted professional right to your door to complete the necessary repair or replacement.
One major drawback of a home warranty is not everything you care about may be covered. It's important to compare the different policies and get one that covers all the appliances, systems, and add-ons you need. Also, 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.
Although home warranties do have some exclusions to keep in mind, whether during winter, summer, or the months in between, a home warranty can help reduce the inevitable expense of dealing with home appliances and system repairs, giving you some peace of mind.
Hopefully, you now feel as though you can choose the right home warranty for your Franklin Park home. Choice Home Warranty stands out as the best overall provider. It offers great coverage of all the essential home appliances and systems at an affordable cost with several add-on options.
Our pick for the best overall home warranty provider in Franklin Park is Choice Home Warranty but the best company for you will vary based on factors such as what appliances and systems you need to have covered.
A home warranty is a type of service contract that provides homeowners extra coverage for their household systems and appliances. These include dishwashers, washing machines, dryers, garbage disposals, refrigerators, heating and cooling systems, electrical systems, sump pumps, water heaters, and plumbing, among others. Some companies also offer coverage for roofs, pools, garage door openers, and ceiling fans. A home warranty can help you save money if these appliances and systems break down unexpectedly.
Home warranty plans cover issues with home systems and appliances that need to be repaired or replaced due to normal wear and tear. The homeowner's insurance policy is a larger insurance that protects your entire home from situations like natural disasters and fires. It doesn't cover typical appliance or system repairs.
Usually coverage for a home warranty plan begins 30 days after the payment receipt. However, a few providers may let you make a service request before this, so check with customer service to find the exact waiting period for your case.
A home warranty plan can cost on average anywhere from about $300 to $800 a year in Franklin Park. Our high-rated home warranty companies' most comprehensive coverage options vary from $546 to $840 per year. You can lower your monthly bill with some companies by opting for a higher service fee. Additionally, it's often 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, choosing the annual plan over monthly payments saves you $80. It's important to compare plans to determine what you're really getting for the price.
Owning a home can be pricey. When a system or appliance breaks down, it can leave homeowners with an unexpected large expense to fix it. With a home warranty policy, you will not have any large hits to your savings account just to keep your home up and running.