Buy a home recently? Congratulations! You’ve made an important step toward building a secure future for your family. The purchase of a home not only gives you the right to paint a wall the color you like, but you become eligible for various tax breaks and equity. That’s why it’s important, once the papers are signed and you have the keys in hand, to look into a solid home warranty plan to protect your home.
What is a Home Warranty?
When you buy electronics or a new car, you often receive or sign up for a warranty that guarantees some degree of assistance should something go wrong.Maybe a part is replaced, or the entire object depending on what you own.
A home warranty works along the same lines, only more items are covered. With such a plan, you get service protection that covers repairs on various household items, like your refrigerator and dishwasher, home air conditioning and heating, and plumbing. You might think at first home insurance is sufficient, but bear in mind that policies will cover property in the event of fire, flood, and other disasters, but won’t take care of repair fees.
How a Home Warranty Works
Let’s say your HVAC goes on the fritz. You call a technician to come out and fix it. If you don’t have a warranty plan set, you’ll have to cover the cost of parts and service. With a plan, however, you file a request with the company from which you bought your warranty and they handle the rest.
When you are ready to purchase a home warranty to protect your household appliances, do some Internet research. You’ll find several handy websites with reviews of the best plans suited for your needs, whether you live in a two-story house or a high-rise condo. These plans are designed to bring you peace of mind as a homeowner and make living much easier.