Home Warranty for Peace of Mind

Real Estate Education Training:


Secure and Renew Your Home Warranty


Home Warranty protection is another very important option for consideration when buying your home.  The costs vary on the coverage desired and it is always wise to get estimates of cost and coverage before making the investment.  There are also exclusions from coverage which you should consider as well. The initial purchase cost noted for several plans would fall between $250- $400.00 for a basic warranty with varying options.  This fee will cover repair and replacement of identified appliances, heating, air conditioning, garbage disposals and a host of other hiccups that could cost hundreds or even thousands of dollars.  The Yellow Pages or the Internet might provide basic information and pricing on multiple Home Warranty companys.  For a few tips and comparisons visit www.homewarrantyreviews.com. 

Your Home warranty can be renewed annually.  Offers to provide a warranty usually occurs when a home is purchased and selected during the escrow period.  You can contact Home Warranty providers to purchase or renew coverage on the home you have occupied for years. By the way, the Home Warranty will generally exclude any pre existing conditions and there may be other considerations depending on the provider and coverage desired.  

 Home Warranty information will also explain the fee for each service call to repair or replace the covered item(s).  These fees vary but expect a service call fee of around  $50.00 - $75.00 plus or minus.   The service call fee would be all that you would have to pay for covered repairs and/or replacement expense.   Past experience relayed to me by my clients have been very positive.  The client called the Home Warranty company regarding the problem and they were contacted by an approved repair company referred by the warranty provider.  My clients paid the service call fee and the Home Warranty company paid all other covered costs (parts and labor). 

Remember that there are multiple Home Warranty providers with an array of coverage options, initial costs and fees for service calls.  These companys offer a sense of security for many of the problems you might encounter with home appliances, plumbing, heating and air conditioning units.   They can really make a difference when unplanned maintenance problems impact your home.