Do You Have a Home Warranty?
Strange little question – do you have a home warranty? Whether you purchased a new home or have been in the same home for years, it’s possible to get a home warranty on your home for less than you think. They run on the average of $200-$400 per year (depending on type of home and covered structures) and can save you valuable dollars when it comes to home repairs. From appliances conking-out unexpectedly to your central heating and air going on the fritz and needing repair, service calls generally have a co-pay (on the average of $25-$40, depending on the plan) and then the incident is covered based on the terms in your home warranty.
What can this mean for you? A new fridge for $40. A new heating or A/C system for the cost of a service call plus hazardous materials disposal for your old one. WOW!
A trend that’s become popular in the past five years or so, home warranties offer the advantage of lower out-of-pocket for repairs as well as fewer claims on your homeowner’s insurance. Sure, the final cost of that fridge is $40 + the annual cost of the plan, but if you have a $1400 fridge, you’re still slated to save about $1000 in the long run!
If you’d like to learn more about home warranties, feel free to give our offices a call at 970-626-3200. We have a few that we can refer you to so you can see which particular company might be right for you. Remember: every company’s plan is different and will have different service call fees and coverages. Know before you purchase and don’t be afraid to ask questions!
The staff at San Juan Realty, Inc.
Tags: home warranty
