5 Items Covered by a Home Warranty
A home warranty covers the maintenance expenses of home that are not covered by the homeowner policies. There are many companies that offer home warranties, so make sure you do your research and choose wisely. When you do get a home warranty, you should read the details to see what it covers. Here are five items that a home warranty will cover:
Buyers like expensive refrigerators, but they forget that the repair cost might be very expensive. For example, if your motor stops working then you will need $2,000 or more.
The repair costs of TVs are very high. It can cost from $1,500 to $3,000. It depends on the size of your panel and the availability of replacement parts. So, it is better to have your TV covered under home warranty.
Repairing surface heating units is common in ovens. The average cost to repair the thermostat is often more than $1,200. The oven is used quite often, so the chance of having problems is high.
Washers or Dryers
It is common for washers and dryers to break down. Major problems include motors, inverters, heater coils, etc. Fixing these can require $120 to more than $400.
If the air conditioner is used often, then it is wise to have a home warranty. Air conditioners have a shelf life; after that repairing can be very costly.
All these items must be under the coverage of home warranty. Before you buy a house, you should make sure that you have a warranty. Otherwise, you might have to pay a lot for the repair of these appliances.