Home Improvement Checklist: Get a Home Warranty

Anyone who owns a home knows that such ownership is a big responsibility. It requires constant work and commitment to keep your home looking nice, feeling comfortable, and providing a safe place to live. Neglecting home improvement needs can lead to bigger, more expensive problems in the future.

Instead of waiting for an issue to escalate and become an emergency, consider making repairs or replacing items when they first show signs of wearing down or malfunctioning. Renovations and improvements do require a financial commitment, but there is a way to significantly reduce these costs: Buy the best home warranty plan available in Texas. This plan may make sense for you as you think about ways to improve your home and make it more efficient and convenient.

Typical Items You Address in the Home Improvement Process

No matter how hard you try to maintain your home, items in it and parts of it will wear out, break down, and stop working properly. Some things may last for years or decades, but the time will come when you’ll need to make repairs or replace these things.

Proper upkeep and maintenance will extend the lifespan of anything, but plan on getting new ones at some point. Systems in the house, such as the HVAC, plumbing, and electrical system, will falter. Structural elements, including the roof and foundation, will weaken and give out eventually.

Bear in mind that some home improvements may be a matter of preference or style choices. You may decide that something is out of date or no longer looks good. Or your living situation may dictate that it’s time for an adjustment to the way something is configured. However, much of the time, renovations, repairs, and replacements are necessary due to damage or something no longer working the right way.

Home Warranty Facts

Any homeowner is familiar with insurance and how the coverage works. It is required and will cost you an annual premium. In exchange for paying these costs, the insurance company will cover damage and losses to your home in the aftermath of a catastrophic event or disaster. This could be a fire, bursting pipes, vandalism to your home, theft of something on your property, or a windstorm blowing a tree onto your house.

A home warranty, on the other hand, is not a plan you have to purchase to own a home. It is voluntary, but you can buy one at any time after getting into your home. It lasts for one year, though you can renew it afterward and continue to have coverage. Also Read – Which Exactly Are Income Restricted Apartments?

With the plan, you pay a monthly or annual cost in exchange for service on various items in your home. The warranty will take care of the cost of repairs, replacement, labor for appliances and systems that break down from wear and tear. The warranty will also cover these items if they break suddenly and without warning. A warranty can cost anywhere between $300 to $700 a month.

Common Items a Warranty Covers

As you face upcoming home improvements, consider how a home warranty could help. If you know that your kitchen appliances are sputtering and no longer doing their jobs well, a warranty can be vital in taking care of these issues. Refrigerators, dishwashers, built-in microwaves, disposals, and ranges have limited lifespans.

Instead of paying hundreds or even thousands to fix or replace these appliances, think about how a warranty can help and save you money. Also, before you plan to spend a chunk of your budget updating the plumbing or the sprinkling system, realize that a home warranty covers those systems as well.

Other Reasons to Get a Warranty

A home warranty can give you your money’s worth with the replacement of a single item. Repairing an HVAC system, for example, can cost more than $1,000; installing a new one can be several thousand dollars. Overhauling a sewer line might set you back up to $10,000 or more. A home warranty would cover all of these costs, after you pay the annual amount and the service fee, which is usually around $100.

If you plan on fixing or replacing multiple items, a warranty can save you a considerable amount of cash. Plus, you don’t have to do any of the dirty work. A trained technician will handle the diagnoses, repairs, and installations. Also Read – HOW TO INSTALL A DISHWASHER?

Potential Drawbacks

Note that a home warranty will not cover damage that you caused on purpose or that occurred because you didn’t use an appliance or system correctly. Also, the warranty company has an agreement with a particular servicer, so you can’t choose who fixes the issue in your home.

As you plan for renovations at home, it makes sense to get a home warranty to gain peace of mind and financial assurance. Explore warranty options today.