When one of your systems or appliances stops working, a home warranty will help you cover the costs. A home warranty plan can give homeowners the peace of mind they need to feel less stressed by homeownership.
Homeownership in Oakbrook comes with quite a few benefits, but it also does not come without its difficulties. Your home's appliances and systems will eventually need repair and this could mean a huge expense hitting your bank account suddenly.
Finding the right home warranty plan for your Oakbrook home can be time-consuming, so our team at House Method did the research for you to help you find the top home warranty in Oakbrook. Keep reading for our home warranty recommendations and learn which plan works best for your home.
Choosing the best home warranty in Oakbrook for you comes down to the coverage you're looking for, the home warranty company you opt for, and your location, among other factors. Here is a list of factors that you'll want to take into consideration when choosing 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 plan that can reduce the cost of on appliance and system repairs and replacements. Working appliances and home systems are what make living in a Oakbrook home comfortable and convenient. When they start to break down, it can be expensive and a hassle. Fortunately, with a home warranty plan, an affordable repair is just a phone call away.
When you have a problem with one of your appliances or systems, you can submit a claim with your home warranty provider. Then, a customer service representative will reach out to you about a repair technician coming over to look at the issue. Once you submit the claim, it will be assigned to a local repair person that will come to your home and take a look at the problem. At this point, you pay your service fee. Service fees typically range in price from around $60 to $150 and this is the only out-of-pocket cost you will need to pay unless the repair cost is more than your home warranty's coverage limit.
A home warranty in Oakbrook typically covers the main systems and appliances in the home. The appliances that are usually covered under a home warranty include microwave, clothes washer, garbage disposal, clothes dryer, refrigerator, dishwasher, and more. The systems usually included are hot water heaters, plumbing systems, electrical systems, air conditioners, and ductwork. Many plans also provide add-on coverage options like locksmith, roof leaks, septic systems, and even central vacuum.
A home warranty will only cover normal wear and tear that occurs on your home systems and appliances. Things like lack of maintenance, pre-existing conditions, cosmetic damages, and misuse are excluded from the home warranty policy.
Temperatures in Oakbrook can vary greatly throughout the year, which means your air conditioner and heating systems are likely to get a decent amount of use. As a homeowner in Oakbrook, one of the benefits of having a home warranty is that these home systems and major appliances can be covered in the event they have to be repaired or replaced.
Another added benefit of having a home warranty policy 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.
Home warranties also have some cons. Although it can be convenient that the home warranty sends out a repair technician who carries out the repair for you, some may not like this, and they may want to select their own contractor. If that's the case for you, some home warranty companies let you select a contractor. Another consideration is that home warranties usually only cover damage from normal wear and tear. They often won't cover systems or appliances that have been damaged due to animal infestations, improper maintenance, natural disasters, etc.
A home warranty can be the solution to some of a homeowner's maintenance troubles, but ultimately, it's up to you to determine whether or not investing in one is a good choice for you and your family. Be sure to do your research and read through any home warranty plans that you're considering buying to understand what repairs will and will not be covered under your contract.
Hopefully, this review of Oakbrook's top home warranty options has helped you narrow down your choices and ultimately decide on a plan. Choice Home Warranty is the best overall home warranty provider in Oakbrook. It offers comprehensive coverage at an affordable monthly cost. However, other options reviewed above also give great coverage choices for Oakbrook residents.
The best overall home warranty in Oakbrook is Choice Home Warranty but the perfect company for you will vary based on factors such as what appliances and systems you need coverage for.
A home warranty covers the normal wear and tear of systems and appliances in a home. A homeowners insurance plan protects a home in case of a situation like a natural disaster or fire. Under a homeowners insurance plan, you will not be able to file a claim if you need a new dryer or dishwasher, unless the damage is a result of a natural disaster.
Typically coverage for a home warranty policy begins 30 days after the payment receipt. However, a few companies may allow you to make a service request before this, so check with customer service to find the exact waiting period for your situation.
A service fee is a cost that you pay before a repair 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 are subject to with a home warranty apart from the monthly premium/annual cost.
A home warranty plan can cost on average about $300 to $800 a year in Oakbrook. Our high-rated home warranty companies' most comprehensive coverage options vary from $546 to $840 per year. You can get a lower monthly payment with some companies by opting for a higher service fee. In addition, 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, going with 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.