If you’re considering a warranty plan on your Keller home, you are probably doing your due diligence — as you should — on how they work, who the different providers are and what to expect from the experience. This article is meant to help you understand home warranty plans, as well as separate fact from fiction.
Go the extra mile to protect your home
Myth: “I don’t need a home warranty plan because I have home insurance.”
Investing money, time and love into a place to call home can be scary, especially knowing that things don’t always go as planned. You may have homeowners insurance to protect your home against unexpected disasters, but these plans typically don’t cover the issues that come with the everyday wear-and-tear your home systems and appliances go through. The reality is that unexpected breakdowns will happen, and they can be costly.
Trusted connections and expert service
Myth: “It’s hard to know who you can trust these days, and I need someone who knows what they’re doing and is looking out for me.”
When an appliance or home system needs repairing, choosing the right person to bring into your home can be a daunting task. Lean on your realtor to find trusted and reputable service workers in the DFW Metroplex. Reputations can be verified easily online by checking for reviews on Google My Business, Facebook, and Yelp. Simply type the company's name into Google and their business information (including reviews) should appear on the results. If they don't have any reviews, consider it a red flag.
Smart budget protection
Myth: “I’m already saving for unexpected breakdowns, so I don’t need extra coverage.”
Many home warranty plans offer varying coverage levels so that homeowners can choose the level of protection that’s right for their individual home and budget needs. Considering that 58% of Americans have less than $1,000 in savings, an unexpected repair cost could cause serious financial strain. With most plans, customers pay a predetermined service fee to diagnose and repair a covered item, but there can be non-covered expenses such as permit and disposal costs, refrigerant, necessary code upgrades and more.
Home warranties can help save Keller homeowners from many of the headaches that come with owning a home. The plans are growing in popularity as more and more consumers take advantage of the convenient access to professional service contractors, valuable budget protection, and now, the additional services that providers offer.
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