Home warranties are an essential protection for many people. Rather than summarily dismiss them as insurance policies that hardly ever payout, it’s important to carefully review them and ensure that they are given a fair shake. Home warranties, like other insurance policies,
can be extremely beneficial.

Unfortunately, many of us don’t know what to look for when evaluating home warranty plans and coverage options. What looks good on paper may not necessarily be a worthwhile investment of your hard-earned dollars. That’s why people are increasingly turning to experts in the field to carefully evaluate the merits of one home warranty plan over another.

One of the leading providers of in-depth coverage on home warranties is ReviewHomeWarranties . This aggregator service utilizes a panel of in-house experts who scrutinize all aspects of home warranty companies. There’s more to home warranty plans than meets the eye. Price is but one consideration worth noting.

Other issues include deductions (service technician call-outs fees), range of available plans, coverage limits per category or item, service availability and responsiveness, approval/denial ratios, effective coverage dates, customer service excellence, coverage offered on old appliances, etc. Viewed in perspective, it’s a pretty formidable set of criteria that needs to be evaluated.

What Is a Home Warranty?
Home insurance comes in many different forms. There is a traditional home insurance policy which covers your property against different types of weather phenomena, damage, and wear and tear. There are also other options like a walls-in policy. Then, there are the inner contents of your home – the systems and appliances.

These are not covered by home insurance; they are covered by home warranties. If your home is stocked up with brand-new appliances (refrigerator, freezer, microwave, dishwasher, garbage disposal, washer, dryer, boiler etc.), you probably don’t need extensive home warranty coverage just yet.

Why? Because brand- new items are covered by a manufacturer’s warranty. Once that warranty runs out, you will want to know your options.
The market is peppered with plenty of home warranty companies. Some good. Some bad.

The only way you can know which ones are worth their salt is through in-depth investigation of their services, terms and conditions, coverage, pricing etc. Fortunately, you don’t have to do all this legwork for yourself; it’s way too time intensive and exhausting.

ReviewHomeWarranties offers extensive coverage on the pros and cons of each home warranty provider. You’ll be surprised to learn that low-cost home warranty plans are available, with comprehensive coverage options to boot. Sometimes, home warranty providers with high premiums don’t offer high maximums per system, or plan, so there isn’t always a linear correlation between price and benefit.

Do You Need a Home Warranty?
You may be equally surprised to learn that home warranties offer a wide variety of benefits you never thought of. For starters, many of them offer coverage on old systems and appliances, not only new systems and appliances.

The premier home warranty providers will promptly schedule a service technician to your home to repair, replace, or service your systems and appliances for a nominal fee. When it comes time to replace systems, they don’t always shy away from fulfilling their obligations.

However, not every home warranty provider is forthcoming when it comes to making payments. That’s why it is always better to consult leading experts in the home warranty field rather than making a random selection.

If you are rather handy around the home, you probably won’t have any problems removing lint from your dryer, servicing your own garbage disposal unit, or unblocking your refrigerator if the ice maker clogs up.

For the rest of us, duct-work, electrical systems, plumbing systems, and other appliances present a formidable challenge. This is especially true for seniors, and non-professionals who are faced with these electro-mechanical and plumbing snafus.

If you’re on a tight budget, and your home systems are pretty old, you’re the perfect candidate for home warranty protection. Few folks nowadays can afford to lay out big amounts of cash to replace an $1,800 range, or a $3,000 AC unit. That’s where a $500 a year home warranty plan really pays off!