When one of your systems or appliances malfunctions, a home warranty will step in and help you cover the costs. A home warranty plan can give homeowners the peace of mind they need to feel less anxious about homeownership.
Homeownership in Springfield can be a satisfying stage for many, but it also comes with its fair share of difficulties. Home repairs can be an unanticipated financial burden for many homeowners.
Since the home warranty market is filled with a variety of providers — all with different price points — our team at House Method did the research for you to help you find the right home warranty in Springfield.
Selecting the best home warranty in Springfield for you depends on the kind of coverage you're looking for, the home warranty provider you opt for, and your location, among other factors. Before deciding which home warranty to buy, here are a few other factors to keep in mind:
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 HVAC stops working and the repair costs several hundred dollars, a home warranty will ensure that all you have to pay is a predetermined service fee. Home warranty coverage often starts without an inspection and you can generally start using it about thirty days after making your first payment.
When you have an issue 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 contractor coming over to look at the problem. 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 limit, which is the maximum amount per year or appliance that the home warranty will cover for repairs and replacements.
A home warranty will cover home systems and appliances from normal wear and tear. The appliances covered are a dishwasher, microwave, clothes washer, stove, cooktop, refrigerator, clothes dryer, and more. The systems included are the plumbing, water heater, electrical, air conditioner, heating system, and more. Add-on coverage will vary from one plan to the next, but you can expect to see add-ons like roof leaks, electronics, spas, sump pumps, pools, and central vacuums.
A home warranty will only cover repairs and replacements due to normal wear and tear. If you don't take care of your appliances or systems and maintain them properly, your home warranty will not cover it. Things like lack of maintenance, cosmetic damages, misuse, and pre-existing conditions are not included in a home warranty policy.
Since temperatures in Springfield can be quite hot in the summer, the weather can put a lot of strain on your air conditioning unit and HVAC system. Purchasing a home warranty plan can help homeowners save money if one of these systems or appliances stops working suddenly.
Another added benefit of having home warranty coverage is that it can increase your home's real estate value. If you ever decide to sell your house, you may be able to transfer your home warranty plan to the new home buyers depending on the provider you purchased your home warranty through.
One drawback of purchasing a home warranty is that there are usually exclusions. For example, if you already have a manufacturer's warranty on one of your appliances, it may not be covered under the home warranty, so it's important to read through any contracts you're considering thoroughly to understand what is included and what isn't. Another stipulation is that home warranties usually only cover malfunctions due to normal wear and tear. They commonly won't cover systems or appliances that have need repairs or replacements due to animal infestations, natural disasters, improper maintenance, etc.
A home warranty can help with some of a homeowner's maintenance worries, but ultimately, it's up to you to decide whether or not investing in one is the right choice for you and your family. Be sure to do your research and read through any home warranty plans that you're considering purchasing to get a sense of what repairs will and will not be covered under your contract.
Hopefully, you now feel as though you can select the best home warranty for your Springfield home. When it comes to home warranties in Springfield, the best overall is Choice Home Warranty. It offers comprehensive coverage at an affordable cost. However, other providers mentioned above also give great coverage choices for Springfield residents.
The best overall home warranty company in Springfield is Choice Home Warranty but the perfect company for you will depend on factors like what appliances and systems you need to have covered.
A home warranty is a service contract that covers repairing and replacing your major home systems and appliances.
Home warranty plans cover issues related to systems and appliances that need repairs or replacements due to normal wear and tear. The homeowner's insurance policy is a larger insurance that protects one's entire home from situations like natural disasters and fires. It doesn't cover typical appliance or system repairs.
The systems and appliances in a home are covered under a home warranty policy in Springfield. Everything from a oven to a swimming pool can be covered under a home warranty.
Most home warranty plans will cover replacement costs as well as repair costs. How much the coverage cap is varies from one plan to the next. You can expect that home warranties will give you some money towards a replacement but don't expect to have the entire replacement paid for.
A home warranty can cost on average anywhere from around $300 to $800 a year in Springfield. Our top-rated home warranty providers' most comprehensive coverage options vary from $546 to $840 per year. You can get a lower monthly payment with some companies by choosing a higher service fee. In addition, it's typically 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, opting for the annual plan over monthly payments saves you $80. It's important to compare plans to determine what the best price is.