Like homeowners insurance, home warranties help protect Colorado families from the financial costs of appliance and system breakdowns. However, finding a good one requires careful consideration of several factors, including annual costs and coverage options. Getting a home warranty may be worth it for reasons that go beyond peace of mind. Here are some of them:
Peace Of Mind
A Colorado Home Warranty provides homeowners peace of mind knowing that their home systems and appliances are covered if something breaks down. This gives homeowners financial stability as well as convenience by offering access to a network of professional service providers. Whether they’re located against a backdrop of the Rocky Mountains or in a busy city like Denver, a home warranty can help homeowners manage unexpected repair costs. With the Centennial State’s hot summers and freezing winters, appliances and home systems must be in good working condition to survive. The rising costs of labor and materials may make these essentials more expensive over time, and a home warranty in Colorado can mitigate these costly repairs.
Home warranties are a great option for new and current homeowners alike. Adding a home warranty to the purchase price of a new property can give buyers added confidence and budget protection against the high cost of appliance or system repair and replacement.
Reduced Risk
As a home buyer or homeowner, you can enjoy peace of mind knowing that in the event something breaks down, there is a plan in place. If your home’s systems or appliances need repair, you can easily file a service request online or by phone and an experienced technician will be sent out to assess the issue. In many cases, home warranty companies will cover the cost of repairs or replacements that are related to normal wear and tear, so homeowners won’t be faced with out-of-pocket expenses. For example, you may need to replace your refrigerator or your washer and dryer when they are old or worn out.
When choosing a home warranty company, it is important to consider several factors including costs, coverage options and customer service. Each provider has pros and cons, so it is important to find the one that fits your unique needs. For instance, you may want to choose a company that offers optional add-ons like sump pump, septic system and guest unit coverage.
Reliability
Home warranties are a valuable tool for homeowners, and there are a variety of home warranty options available in Colorado. Each provider has its own pros and cons, and homeowners should be prepared to weigh their options carefully in order to find the plan that is best suited for their needs. A home warranty will protect you from the cost of unexpected repairs and replacements. When you file a service request, your home warranty company will send a technician to your home to assess the problem. If the covered item must be fixed or replaced, the home warranty company will cover your costs up to a trade call fee.
Home warranties are a great option for home buyers, sellers and current homeowners in Colorado. They can increase confidence and minimize risk when buying a new home, and they can help a real estate agent sell a property more quickly. They can also reduce the stress and expense of homeownership by protecting against unexpected costs.
Cost
Home warranties aren’t cheap, but they can provide peace of mind that the things that keep your house running smoothly will be taken care of if they break down. Unlike home insurance, which is typically a peril-based policy that doesn’t reimburse homeowners for appliance and system breakdowns caused by wear and tear, warranty coverage does. The cost of a home warranty will vary between providers and plans. Use our free home warranty calculator to estimate the yearly costs of various plan options.
Some Colorado home warranty companies offer a variety of add-on options to expand coverage. For example, Liberty Home Guard offers a wide selection of add-on coverage that includes sump pump and roof leak coverage, guest unit coverage, and septic tank pumping. However, it’s important to carefully weigh pros and cons of each option to find the plan that fits your specific needs. This is especially true since some providers have a handful of service fee options to choose from, while others have monthly rates that are based on the coverage selected.
Conclusion
While homeowners insurance protects against unforeseen disasters, home warranties cover the costs of common appliances and systems that break down due to normal wear and tear. Find a plan that fits your needs and budget by researching top companies with reliable customer service.
