Subscribe

A Home Warranty Will Save You Money

Home WarrantyOwning a home can be expensive. Appliances break down, and air conditioners tend to quit working in the middle of the summer. In fact, most home have a major mechanical breakdown twice each year. Usually, these breakdowns occur at the most inopportune times. They happen when budgets are at their tightest. Usually, home insurance will not cover this. Fortunately, home warranties offer a solution. They enable homeowners to quickly repair the breakdown of many home components that are not covered under home insurance. Here are how home warranties can help you.

Options for Low Cost Home Warranties

What Is A Home Warranty?

A home warranty is a service contract that connects homeowners with repair and service companies. It fills in to reduce costs on repairs not covered in home insurance. While home insurance will cover repairs to the house after natural disasters or other incidents, it does not usually cover smaller home components like dishwashers or refrigerators. Home warranties offer connections to repair companies for these components at a reduced price.

How Does It Work?

When an appliance or other component such as an air conditioner breaks down, you either call or go online to report it. The home warranty provider will make an appointment with a contractor to fix the component within twenty-four hours. They choose from a list pre-approved companies in your geographical region. If they cannot find someone immediately, they will arrange for an approved repair company to stop by and fix the component. They pre-select these companies to ensure quality service.

 

How Does The Contract Work?

You are eligible to sign a contract immediately after purchasing a home. They usually last for one year with the option to renew year-to-year. You pay a monthly fee, usually around $30, and are covered throughout the year.

 

What Is Covered?

A home warranty will cover most major components within the home. This includes HVAC systems, water heaters, plumbing, and electrical. It also covers most major appliances such as washers, dryers, refrigerators, dishwashers, and stoves. Most companies cover normal wear and tear, but other incidents may not be protected. You can’t smash the refrigerator with a hammer and expect a cheap replacement.

 

Is It Really Worth It?

Home Warranties cost $30 per month on average. Repair for components such as air conditioners, plumbing, and electrical could run into the thousands of dollars. The financial benefits alone make it worth it. But the psychological benefits of knowing that you have a warranty adds to the overall benefit. You do not need to worry about paying as much when the air conditioner goes out in the summer or if the washer breaks down when the kids have no clothes. They will be back up and running within 24 hours without a huge financial burden added to your stress. Also, home warranties help in selling your home if you ever need to. They demonstrate that the home was taken care of and that the appliances and major components should be in working order.

Home warranties may seem extra if you have home insurance, but they cover most of the gaps that home insurance does not. You will feel safer and more secure when you know that mechanical breakdown will not break you. They will be a minor inconvenience taken care of almost immediately at a low cost. Find which company works best for you, and eliminate the threat posed to your financial and emotional instability by appliance break downs.

 

Easy Formula for Grant Applications
When you look forward to apply for a government grant, you will need to do a lot of research and make elaborate preparations. To give a kick start to your grant seeking process, fist you must understand the different types of grants available. You will...
Is Public Housing An Option for You?
The US Department of Housing and Urban Development (HUD) utilizes several programs to ensure housing for lower-income families. One of these programs is Public Housing. This program was designed to provide decent and safe rental homes for lower-income...
Best Credit Cards for Questionable Credit
Life does not always work out as planned. Sometimes, a gap in employment leads to a few missed payments, and eviction, or a repossessed vehicle. These things happen to most people. In order build credit back up, a credit card may help. Making regular...
The Most Common Reasons for Debt
 High debt balances can create significant stress, negatively impact not only your future, but it can also impact your health. It can prevent you from enjoying the quality of life that you otherwise may enjoy without the burden of debt payments. While...
Teach Safety First
There is no denying the fact that the dangers out there are very real and your child is susceptible to them all. Luckily you can teach safety to help protect your little ones and keep them safe at any age as long as you are willing to take the necessary...
Natural Healing Options for Arthritis
Arthritis comes in various forms, but it's always painful. The typical medical approach is to take some sort of pain medication (usually non-steroidal anti-inflammatory drugs, or NASDs) that might result in various side effects, such as stomach pain. Thankfully, there...
Solid Advice for Credit Repair
It may be difficult to find information on the best ways to improve your credit. There is a wealth of different tips in this article to help you rebuild your journey to credit repair. Using these tips can save you from stressing and prevent headaches....
Financial Aid: Grants for Women
 Thanks to thousands of grants, women who want to go back to college and earn a degree can do so without worrying about large tuition fees. Grants for women are available for single moms, minority women, and women that are going in to specific fields of...
Budget Tips for Today’s Family
If you are in charge of creating the family budget, chances are, you’ve had the unfortunate experience of having a brilliant budget plan that isn’t executed well. This happens to many families and couples, and with a little attitude tweaking, you can solicit the help...
How to Find Bargains at Flea Markets
I love to spend hours looking at flea markets for different items. Different vendors set up their products in a central location so that consumers can spend their time walking around and see the new and used items available for sale. You never know what you will come...
5 Strategies to Reduce Stress and Strengthen Family Relationships
 Stress is everywhere. You feel stressed at work and on your commute, and maybe even your home, the place that is supposed to be your sanctuary. When you arrive home from your job, you're met by bills that need to be paid, children that need to be fed and...
Searching for Online and Freelance Employment
Searching for Online & Freelance Employment Many career fields and skills do not fall under traditional frameworks for employment. Writers, photographers, marketers, teachers and artists may be able to find work as online freelancers to continue improving their...
You Can Save Money on Your Monthly Bills By Reading These Tips
When you add up the total cost of your monthly utility bills, you may be astounded by how expensive utilities can be. This may be particularly true during peak usage months in the height of summer and in the dead of winter. You and your family...
The World of Federal Grants
Welcome To The Wonderful World Of Federal Grants Federal Grants - If you are planning to go to college or university but know that you would never be able to afford it on your own, or with the help of your family for that matter, one of the first places...
SNAP (Supplemental Nutrition Assistance Program)
The first nutrition assistance program was started in 1939. These types of programs were developed to help people during strenuous times and financial hardships. The program we know today (SNAP) was first introduced in 1961 as the Food Stamp Act that was...
Unexpected Pregnancy Resources
 If the event that you know a low-income family who is experiencing an unexpected pregnancy, you may want to reach out to help. During this time, you can feel overwhelmed and not know what steps to take. But know that you can take on a supportive role in...
How Do I Get FHA Refunds?
Although FHA refunds are for people who have FHA-insured mortgage loans, not everyone is entitled to a refund. Various factors are considered to determine who can receive a refund. FHA refunds are available for those who finance their homes within three...
Understanding Federal Grants (Part 2)
 In the last issue we talked about how the federal grant system works and how you can make it work for you. In this issue we are going talk about exactly who's eligible to apply for federal grant money. The simple fact is that almost everyone is eligible...
Understanding Federal Grants (Part 1)
 Let me start off by asking you this question. How would you like free money that you will never have to pay back, from the federal government? Sounds great doesn't it? Well, the simple truth is that you can get it if the government decides to award you a...
Positive Thinking Can Change Your Life
Positive Thinking Can Change Your Life Enthusiasm Is Positive Energy “No pessimist ever discovered the secret of the stars, or sailed to an uncharted land, or opened a new doorway for the human spirit.” - Helen Keller Enthusiasm is the sunshine of your mind’s garden....
Family Picnic

Enter Your Email for Best Results

Due to the overwhelming response, please enter your name and email to ensure the proper search results.

You Are On Your Way!

Family Picnic

Enter Your Email to Receive New Assistance Updates

Due to the overwhelming response, please enter your name and email to ensure proper results.

Thank You! You will now receive the latest assistance updates!

Family Picnic

Enter Your Email for Best Results

Due to the overwhelming response, please enter your name and email to ensure the proper search results.

You Are On Your Way!

Pin It on Pinterest

Share This