Picking A Home Warranty? Here's 5 Things To Know.

Picking A Home Warranty? Here's 5 Things To Know.

Picking the perfect home warranty plan is an important step for homeowners. If you have never purchased one, the process could be a bit complicated or overwhelming. Although, if you weigh your options carefully you can ensure that you will choose the warranty that suits your home needs best.

Is A Home Warranty Necessary?

Determining if you need a home warranty can be the hardest part. Consider some key factors in your decision like the age of your home or the appliances you want to protect. It is best to see if the appliances are still covered by manufacturer warranties. If the major appliances are no longer covered, then it is the right time to start searching for a home warranty plan.

How Much Do I Need?

Gather as much information about your home and appliances as you can. You will need to know the value of the appliances and even the square footage of your home. This will allow you to find the best rates possible when shopping around. Some find it helpful to speak with a company representative prior to purchasing the warranty. This could allow you to determine the exact amount of coverage you need and stay within your budgeted amount.

Are Some Home Items Already Nearing Their End?

If there are items in your home that are nearing the end, it is important to note that many companies will not pay for repairs before the agreed upon time period has past. Clearly understand your home warranty policy when it comes to the existing damage in your home. Many companies will want to see service records to prove that the appliance was broken and not a result of poor maintenance before the warranty became active.

What Companies Provide A Home Warranty?

There are many companies that provide home warranties in Arizona, specifically. We highly recommend reaching out to your real estate agent and asking them for their preferred warranty companies. They usually have a few options (just like us, at Myriad!) that they trust and refer to clients. Also, be sure that the company you choose has technicians that work directly in your area.

Read The Fine Print And Reviews
Positive reviews are what keeps good home warranties companies running. Do your research, talk with friends and family about their experiences, and do not agree to anything until you feel confident in your home warranty decision. Lastly, remember that it is all in the fine print…so read it word for word. If you have any questions about your policy, never hesitate to ask your representative, that is what they are there for!

If you have any questions about home warranties, reach out to our team today!


Source: AZBigMedia

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Let’s talk CORONAVIRUS and the HOUSING MARKET.