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Protect Your Home: The Top Home Warranty Providers in America

When it comes to protecting our homes, homeowners insurance is the first thing that comes to mind. However, a home warranty is also an essential piece of coverage that can help protect our homes.

In this article, we’ll discuss what a home warranty is, how it works, what it covers, and its costs. We’ll also answer some commonly asked questions about home warranties, including whether they’re worth the investment.

Overview of Home Warranties

A home warranty is a service contract that provides repair or replacement coverage for major home systems and appliances. With a home warranty, you pay a monthly or annual premium, and in exchange, the warranty provider agrees to cover the cost of repairing or replacing any covered items that break down due to normal wear and tear.

Coverage typically includes home systems like plumbing, heating and cooling, electrical, and appliances like refrigerators, dishwashers, and ranges. What Isn’t Typically Covered?

While a home warranty can provide valuable coverage for major home systems and appliances, there are some things that typically aren’t covered. These exclusions can vary from provider to provider, but they usually include cosmetic defects, mold, mildew, and rot.

Home warranties also won’t cover some larger repairs and replacements, such as roof repair, septic tanks, and structural problems. Some providers may offer add-on coverage for these items, but it may come with claim caps and trade service fees.

How Do You Get Home Warranty Coverage? Getting home warranty coverage is relatively simple.

If you’re purchasing a new home, your real estate agent may offer you a home warranty as part of the deal. Alternatively, you can purchase a home warranty for an existing home, but you’ll need to provide maintenance records for the major home systems and appliances.

You can also choose to sign up for a service agreement directly with a warranty provider.

Home Warranty Coverage Details

One of the most common questions people have about home warranties is whether they’re an insurance policy. The short answer is no.

Homeowners insurance is coverage for loss due to an event like theft, fire, or a natural disaster. A home warranty, on the other hand, is a service contract that provides repair or replacement coverage for normal wear and tear on home systems and appliances.

Is Home Warranty Coverage Worth It? The answer to this question depends on your individual situation.

If you have newer appliances and home systems, you may not need a home warranty. However, if you have older appliances or a home that’s more than a few years old, a home warranty can be a worthwhile investment.

Before you sign up for a home warranty, be sure to research your options and choose a reputable company. You’ll also want to consider the upfront costs and the trade service fees for each item.

How Much Does Home Warranty Coverage Cost? The cost of home warranty coverage varies based on the package you choose and any add-ons you require.

Basic packages typically cover home systems and appliances, while more comprehensive packages may include additional coverage for things like plumbing stoppages, well pumps, and even swimming pool equipment. You should also be aware of the trade service fee and service call fees associated with your coverage.

Does a Home Warranty Cover Pre-Existing Conditions? Home warranties generally don’t cover pre-existing problems or defects.

If you’re a new homeowner, your home warranty provider may ask to see maintenance records to ensure that the previous owner kept up with regular maintenance. If you have an undetectable pre-existing condition, such as a hidden plumbing leak, your home warranty may cover the cost of repairs.

Do Home Warranties Cover Roof Replacement? Most home warranties don’t cover roof replacement or repair.

If your roof is leaking, you may be able to add on coverage for that item, but there will likely be a claim limit and trade service fee associated with the coverage.

Conclusion

In conclusion, a home warranty can provide valuable coverage for major home systems and appliances. While it’s not a replacement for homeowners insurance, it can be a useful addition to your coverage.

Remember to research your options and choose a reputable provider, and weigh the upfront costs and trade service fees before signing up for coverage.Now that we’re familiar with home warranties and how they work, it’s time to dive into some of the top home warranty providers on the market. In this article, we’ll take a closer look at

American Home Shield,

Americas First Choice Home Club, and

American Residential Warranty.

We’ll examine the coverage options each provider offers, including their packages and add-ons. We’ll also discuss the benefits of having a home warranty service agreement and the importance of understanding inclusions and exclusions.

American Home Shield

American Home Shield is one of the most popular home warranty providers in the US. They offer various warranty plans, each providing coverage for different appliances and systems.

Their plans include a combo plan, appliance plan, systems plan, and a build your warranty plan where customers can pick and choose what coverage they need. Depending on the plan,

American Home Shield covers items such as air conditioning units, plumbing, and appliances like refrigerators, washers, and dryers.

Additionally,

American Home Shield also offers add-ons such as pool and spa coverage, electronics extended warranty, and guest unit coverage.

Americas First Choice Home Club

Americas First Choice Home Club (AFCHC) offers a range of coverage options for home systems and appliances. The plans offered are the gold plan, platinum plan, and platinum care plan.

The Gold plan provides coverage for home systems such as plumbing, heating and cooling, and electrical. The Platinum plan provides additional coverage for appliances such as ovens, refrigerators, and washers.

The Platinum Care plan provides comprehensive coverage, including all items in the gold and platinum plans plus roof repair and replacement and more. AFCHC also offers optional add-ons, such as septic system coverage and pool and spa coverage.

American Residential Warranty

American Residential Warranty offers packages that bundle major appliances and heating and cooling systems. The packages include the kitchen plus plan, the major systems plan, and the combo plan, which includes both the kitchen and major systems.

Add-ons include pool and spa coverage, well pump coverage, and roof leak coverage.

American Residential Warranty has a variety of service call fees and maximum payouts per contract term.

Benefits of a Home Warranty Service Agreement

One of the most significant benefits of having a home warranty service agreement is that it helps reduce unexpected repair bills. Home systems and appliances will eventually need repairs or replacements as a part of daily wear and tear.

A home warranty service agreement provides peace of mind that repairs or replacements will be covered. Service agreements also help expedite repairs and replacements by providing professional trade services.

Importance of Understanding Inclusions and Exclusions

It’s important to review and understand inclusions and exclusions in a home warranty service agreement to avoid confusion or disappointment in emergency situations. Each provider offers different coverage terms and conditions.

Some home warranties may limit coverage during the first few months of coverage to ensure it is an undiscovered issue. Additionally, some home warranties may exclude preexisting conditions or city-specific items like code violations.

Doing research and thorough review can help avoid coverage variations by provider and package option.

Conclusion

Choosing a home warranty provider can seem overwhelming, but its important to look into the various options and coverage offerings to make the right choice for your home. The top home warranty providers offer a range of plans and add-ons.

American Home Shield offers multiple package options with an array of add-ons.

Americas First Choice Home Club provides coverage for various home systems and appliances.

American Residential Warranty bundles packages that include major appliances and heating and cooling systems with added protection options. Understanding inclusions and exclusions while comparing service agreements can help determine which provider offers the best suited package for your household’s needs.

In this article, we have discussed what home warranties are, what they cover, and their cost. We also explored three of the top home warranty providers in America –

American Home Shield,

Americas First Choice Home Club, and

American Residential Warranty.

Each has various coverage offerings and add-ons that can cater to distinctive household needs in terms of providing repair and replacement costs for major appliances and home systems. Lastly, we also highlighted the significance of fully comprehending the inclusions and exclusions on contract terms.

Overall, a home warranty service agreement can provide homeowners peace of mind and long-term savings on repair bills, but thorough review is necessary to ensure coverage aligns with household needs.

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