Home warranties are a popular option for homeowners who are concerned that their house will eventually need major repairs. These are like warranties for any other product, in that they provide an insurance policy in the event that significant problems occur with the house's heating, plumbing or electrical systems, or if it suffers structural damage for some reason.
If you're looking into purchasing a home warranty, there's a few things you should consider before buying a policy:
- If your home is new, many of the appliances and hardware may still be under warranty, so buying a separate policy would simply be redundant.
- Make sure you know the deductible amount and the conditions surrounding this payment. If it seems like the payment for the warranty is low, it could be because the deductible is higher.
- Some warranty companies will charge a low price for their insurance, but when you look at the fine print, you'll realize it's because they exclude more risk. For example, they may not cover problems that arise from improper installations or problems that may have been caused by an Arlington HVAC service that previously worked on your house.
Something you may want to consider in place of a home warranty is one of the Energy Management Plans offered by John C. Flood. With these plans, you'll receive annual inspections of your plumbing, electrical and HVAC systems, as well as a discount on any repairs needed. They're also much more affordable than the average home warranty. For more information, give us a call today!