01 Dec Suggestions for Home Warranty Shopping
Every day, you likely encounter multiple services selling you insurance or warranty protection to cover your valuables, including policies for your automobiles, electronic devices, furniture, and business. What about a home warranty? Since your house is your most personal and significant purchase, you should understand what a home warranty can do to offer you peace of mind and protection.
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The Benefit of Having a Home Warranty
A home warranty is a contract that covers the repair or replacement of your major home systems and appliances, including the HVAC system, electrical wiring, plumbing, refrigerator, oven, and dishwasher. Home warranty contracts typically last for one year. Many homeowners find the service worth the investment as it can save money on expensive repairs. In addition, a home warranty can mean faster repairs since your warranty company sends you a technician and you don’t have to search for a reputable repair person.
Documents You Need to Save
The home warranty provider will require certain documents to process your claim. These may vary claim but often include the following:
- A copy of the sales contract
- Proof of ownership
- Receipts for any repairs made
- A completed claim form
In addition, the provider will likely need an inspection report from a qualified technician detailing the problem and explaining why the warranty covers it.
Make compiling your forms easy by saving your contracts digitally. If you need to separate specific pages of a PDF, use a splitter tool. Divide a larger document into smaller files that you can save, rename, and share with your case agent. By gathering all of the required documents in advance, you can ensure that your provider processes your claim quickly and efficiently.
The Choice of Which Company to Use
Not all home warranty companies are created equal. Some provide better coverage than others, and some have more affordable prices. When finding options in Arizona, compare different businesses and their offerings to find the best fit for your needs. Consider these factors:
- What is covered by the policy? Make sure the company you choose covers all the systems and appliances you want to protect.
- How much does the policy cost? Reports show that home warranty policies can differ by hundreds of dollars in price. Compare prices to find a policy that fits your budget.
- What is the claims process like? Find out how easy it is to make a claim with the company you are considering. Some companies have a simple online process, while others require you to call customer service.
- How long has the company been in business? Choose a company with a good reputation and a long history in the industry. A reliable company reassures you that your home is in good hands.
Making an informed decision about which home warranty company to choose will help ensure that you’re getting the best protection for your home and budget.
Coverage and the Fine Print
Many people encounter expensive repairs shortly after moving in. Before signing up for a policy, read the fine print! Most home warranty companies have strict guidelines about what repairs they will and won’t cover. Understand what is and isn’t covered. In addition, many policies have deductibles you must pay before coverage kicks in, so factor that into your budget. By reading the fine print, you can be sure you’re getting the coverage you need.
Problems with your property can turn your world upside-down. A well-chosen home warranty can alleviate many stresses and concerns. Research and review home warranty companies and policies that can help secure your appliances and systems and give you additional peace of mind.
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