A Bloomington home warranty policy can help protect homeowners by cutting the costs of major repairs and replacements on your home's appliances and systems.
Homeownership in Bloomington comes with quite a few benefits, but it also does not come without its challenges. Your home's appliances and systems will eventually need repair and this could mean a huge expense hitting your bank account suddenly.
Although a home warranty can help with your expenses as a homeowner, one issue is narrowing down the best choice for your Bloomington home. That's why we've done the research and have put together a list of the top home warranty options in Bloomington.
The first step in protecting your property with a home warranty is determining which provider's plan is right for you. Consider the items in your home you want coverage for and compare the plans. Policies can vary, so consider the following factors when deciding on a home warranty plan:
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 that covers home systems and appliances. When your washer or dryer stops working and the repair costs several hundred dollars, a home warranty will make sure that your only cost is a predetermined service fee. Home warranty coverage often starts without an inspection and generally goes into place about thirty days after making your first payment.
Filing a claim with your home warranty company is quite simple. There will be either an online portal system or a direct phone number to file your claim with your home warranty company. At this point, you will pay the service fee. Service fees for home warranties range from $60 to $150. Most home warranties also have a coverage limit, which is the maximum amount per year that the home warranty company will cover for repairs and replacements.
Home warranties help protect both home systems and appliances. A home warranty can cover repair and replacement-related expenses that are a result of normal wear and tear. The appliances covered are a microwave, clothes dryer, clothes washer, cooktop, stove, refrigerator, dishwasher, and more. The systems included are the plumbing, electrical, water heater, air conditioner, heating system, and more. Add-on coverage will vary from one plan to another, but you can expect to see add-ons like central vacuums, sump pumps, pools, electronics, spas, and roof leaks.
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 home and maintain them properly, the home warranty will not cover it. Things like cosmetic damages, pre-existing conditions, lack of maintenance, and misuse are not included in a home warranty policy.
Bloomington is known for its mild winters and hot summers, and if you live in Bloomington, you know that the weather can be unpredictable. During the summer months, your air conditioner can be overloaded in its effort to combat the heat. In the event that your air conditioner did stop working, a home warranty can cover repairs and help decrease your out-of-pocket expenses.
Another added benefit of having a home warranty plan is that it can increase your home's real estate value. If you ever decide to sell your home, you may be able to transfer your home warranty plan to the new home buyers depending on the company you have your home warranty with.
One of the main drawbacks of a home warranty is not everything you care about may be covered. It's important to weigh the different plans and opt for one that covers all the appliances, systems, and add-ons you need. Another downside is that home warranties may exclude some repairs, like those due to natural disasters. For example, if your house floods, the systems and appliances that were affected probably won't be covered by the home warranty.
Although home warranties do have some downsides, whether during winter, summer, or the months in between, a home warranty can help cut back on the inevitable cost of home appliances and system repairs, giving you some peace of mind.
We hope you now feel confident that you can choose a home warranty company in Bloomington after reading through our guide. All of these top home warranty providers have impressive histories and backgrounds and coverage plans. Among them, Choice Home Warranty stands out as the best overall choice. Its comprehensive coverage, affordable pricing, and easy to understand plans make it a great home warranty for Bloomington homeowners.
The top home warranty company in Bloomington is Choice Home Warranty. Choice Home Warranty has a large network of professional contractors and a respected reputation in the Bloomington area.
Home warranty plans cover problems with home systems and appliances that need repairs or replacements due to normal wear and tear. A homeowner's insurance policy is a different kind of plan that protects the entire home from natural disasters and fires. It doesn't cover typical appliance or system repairs.
A home warranty can help real estate agents, homebuyers, home sellers, investors, and homeowners. It can offer peace of mind to anyone that is involved with homeownership.
A home warranty will cover repair and replacement costs for systems and appliances in a home. Home warranties only cover damage due to normal wear and tear and often don't cover something that happened as a result of a pre-existing condition.
Home warranties cover the cost of repairs and replacements as long as it is within the policy limits of the plan. If the replacement costs more than the home warranty covers, you will have to pay for the rest out of pocket.
A service fee is an expense that you must pay before a service technician or contractor comes to your home to repair your home warranty-related problem. The pricing is typically between $60 and $150. Service fees are sometimes referred to as deductibles, and they should be the only out-of-pocket cost that homeowners have with a home warranty in place apart from the monthly premium/annual cost.