A home warranty can give you the peace of mind you need about your home and protect your savings account from large expenses by covering your home's major systems and appliances.
As much as you may love homeownership in Covington, there is always that fear about whether or not your systems and appliances are going to need to be replaced over the next few years.
Since the home warranty market is saturated with many providers — all with different plans — the House Method team decided to do the research for you to help you find the right home warranty in Covington.
Choosing the right company for your home warranty is a step you could take to protect your property. Plans can vary, so consider the following factors when picking 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.
Get a free quote from our #1 recommended provider in Covington
A home warranty is a protection plan that covers home systems and appliances. When your HVAC stops working and the repair is several hundred dollars, a home warranty will ensure that you're only responsible for a predetermined service fee. Home warranty coverage usually starts without an inspection and you can generally start using it about thirty days after purchasing the policy.
Filing a claim with your home warranty company is quite easy. There will be either an online portal or a direct phone number to file your claim with your home warranty company. At this point, you will pay the service fee, which is usually between $60 and $150 depending on what plan you have. After the service fee is paid, a service technician will come to your home, assess the issue, and make the repair. As long as the repair is covered by the warranty and the coverage cap is not reached, most homeowners will not have to pay any other out-of-pocket costs apart from the service fee.
Home warranty plans help protect both home systems and appliances. A home warranty can cover repair and replacement-related costs that are a result of normal wear . The appliances usually covered under a home warranty plan include clothes washer, microwave, refrigerator, clothes dryer, garbage disposal, dishwasher, and more. The systems usually included are plumbing systems, hot water heaters, electrical systems, air conditioners, and ductwork. The add-on coverage options can include spa, septic system, pool, roof leak, and sometimes even things like locksmith or pest control.
A Covington home warranty will only protect against normal wear and tear. If you are experiencing cosmetic issues with appliances or you have not properly maintained your home systems and appliances, the home warranty will not cover it. Also, natural disasters, pre-existing conditions, and intentional breakages are not covered with a Covington home warranty.
Temperatures in Covington can get quite high in the summer, which means your air conditioner is likely to get a good bit of use. As a homeowner in Covington, one benefit of having a home warranty is that these home systems and major appliances can be covered if they need to be repaired or replaced.
Plus, though home warranty companies vary, some providers will let you transfer your warranty if you sell your home. This can make your property more attractive to potential home buyers and maybe even make your home sell faster.
There are also some negatives to getting a home warranty plan, like the coverage exclusions. For instance, home warranties may not cover systems or appliances that are already covered under a manufacturer's warranty. Another thing to keep in mind is that some providers don't cover pre-existing damage and may require an inspection before coverage begins. Ask the home warranty provider for clarification about these things if you need more information or if this is a problem for you.
It isn't always easy to budget for the unexpected expenses that can come with owning a home, but a home warranty can help you with that. Like any other warranty or insurance policy, there will always be pros and cons of getting one but its main purpose is to provide protection and peace of mind.
Hopefully, you now feel like you can choose the proper home warranty for your Covington home. All of these top choices have impressive experience in the industry and coverage options. Among them, Choice Home Warranty stands out as the best overall choice. It offers comprehensive coverage of all the essential home systems and appliances at an affordable cost with several add-on options.
Our pick for the best overall home warranty company in Covington is Choice Home Warranty but the best company for you will depend on factors such as what appliances and systems you need coverage for.
Home warranty policies cover issues related to systems and appliances that need repairs or replacements due to normal wear and tear. A homeowner's insurance policy is a different insurance that protects the entire home from natural disasters and fires. It doesn't cover typical appliance or system repairs.
First-time home buyers, real estate agents, home sellers, homeowners, and landlords can all get home warranty plans. A home warranty can help make your property more attractive to prospective buyers and save homeowners money in the long run.
The systems and appliances in a home are covered under a home warranty policy in Covington. Everything from a oven to a swimming pool can be covered under a home warranty.
A service fee is a cost that you must pay before a service technician or contractor comes to your home to repair your home warranty-related issue. 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 in place apart from the monthly premium/annual cost.
Many homeowners find a home warranty is a good investment because it helps protect against unexpected expenses. If you're worried about your budget and your ability to keep your home in good working order, getting a home warranty can help. One of the big advantages of a home warranty is that it can provide you some financial peace of mind.