Why Home Warranty’s Are Worth It

Home warranties are an easy and affordable way to preserve peace of mind. Different from homeowner’s insurance, a home warranty is a service contract that covers the repair or replacement of most appliances and system components in your home.

The way that they work is simple. When you have a home warranty and something in your home goes awry (say, a hot water heater, stove, or plumbing), you give the home warranty company a call and a contractor will arrive shortly. The contractor will diagnose the problem and repair or replace your equipment. It’s that easy!

Typically, a home warranty will cost anywhere between $300-550 for one year, although pricing may vary by coverage and size of home. Not such a bad price for peace of mind!

If you’re selling your home, it’s a nice idea to advertise a home warranty with purchase of the home (you would pay for this home warranty on behalf of the new buyers). Buyers typically prefer to purchase a home with a warranty, and it’s a great incentive that helps your home stand out.

If you’re purchasing a home and the sellers are not providing a warranty, you have the option to purchase one for yourself. Be sure to ask your EveryHome agent for details!