A home warranty is a way to protect your budget from unexpected home repairs and expenses. With a home warranty in place, your repair costs can be significantly lower and allow you to live in your home with more peace of mind.
Although homeownership in Oklahoma City has many benefits, such as the convenience of city life, there are also downsides, similar to owning a house anywhere else. One major worry many homeowners have to deal with eventually is replacing or repairing their appliances and home systems.
Choosing the best home warranties on the market can be a challenge because of the sheer number of options out there. If you are frustrated with trying to compare the different options, keep reading for our guide on the best home warranty companies in Oklahoma City.
Choosing the best company for your home warranty is a step you could take to protect your home. 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 protection plan that covers the cost of repairing or replacing major home systems and appliances when they have issues over time due to normal wear and tear. Having one in place can provide some peace of mind and prevent you from paying large out-of-pocket costs. Most home warranty plans start about 30 days after paying for the home warranty policy.
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. Once you file the claim, it will be assigned to a local technician or repair person who will come and assess the issue. After that, you will pay your service fee. Service fees for home warranty customers range from $60 to $150. Most home warranty plans also have a coverage cap, which is the maximum cost per year or appliance that the home warranty company will cover for repairs and replacements.
A home warranty provides coverage on your home's major appliances and systems and it can help bring down how much you spend on maintaining your home. Appliances covered under a home warranty plan are the microwave, refrigerator, garbage disposal, dryer, dishwasher, and more. Systems that are covered usually include air conditioners, water heaters, electrical systems, plumbing systems, and heating systems. Add-on coverage will vary from plan to plan, but you can expect to see things like sump pumps, electronics, roof leaks, pools, central vacuums, and spas.
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 maintain them properly, the home warranty will not cover it. Things like misuse, lack of maintenance, cosmetic damages, and pre-existing conditions are not included in a home warranty policy.
Home warranties are an affordable way to protect your home systems and appliances from normal wear and tear. With temperatures in Oklahoma City hitting upward of 72 degrees in the summer, you may find that some appliances, like your air conditioner, get a lot of use. A home warranty can significantly lower your out-of-pocket expenses should your HVAC system break down.
Another good thing about having a home warranty if you want to sell your home is that some providers let you transfer your home warranty plan to the new owners. This can make your house more attractive to potential home buyers and help your house sell faster.
As for the downsides of home warranties, coverage varies by provider so it's important to read what each policy covers and excludes in the contract. Another potential pain point of home warranties is that they don't cover items that haven't been properly maintained. This can lead to your repair requests being rejected, so it's important to be sure you follow the manufacturer's guidelines for maintenance of your home systems and appliances.
Owning a home is a big responsibility that can be expensive, but worthwhile. A home warranty is one thing that can help with your home maintenance budget, but whether or not it's worth it for you is something you'll have to weigh before taking the leap and purchasing a policy.
Hopefully, this review of Oklahoma City's best home warranty providers has helped you narrow down your choices and ultimately decide on a plan. All of these top providers have impressive experience in the industry and coverage plans. Among them, Choice Home Warranty stands out as the best overall choice. 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 in Oklahoma City is Choice Home Warranty but the perfect company for you will depend on factors such as what appliances and systems you need to have covered.
Home warranty policies cover issues related to home systems and appliances that need to be repaired or replaced due to normal wear and tear. The homeowner's insurance policy is a different kind of plan that protects your entire home from situations like natural disasters and fires. It doesn't cover normal appliance or system damage.
The systems and appliances in a home are covered under a home warranty plan in Oklahoma City. Everything from a fridge to a garage door can be covered under a home warranty.
A service fee is a cost that a homeowner must pay before a repair person or contractor comes to your home to repair 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 are subject to with a home warranty in place except for the policy's premium.