Home Warranty: Appliance & Systems Protection

 

Peace of Mind for Home Buyers and Sellers

Lots of things you buy come with a warranty in case they break down, from cars to smartphones. But what about homes? It turns out you can get a home warranty, too.

So… what the heck is a home warranty, anyway? In a nutshell, it’s a policy you pay for that covers the cost of repairing many of your home appliances if they break down.

“Home warranties provide financial protection for homeowners who might be faced with unexpected problems with their appliances, systems or smart home devices” explains Jeff Dobish of Home Master Warranty.

Many people buy a home warranty right when they close on a home, since such protections can provide some much-needed peace of mind that you won’t get hit with unexpected expenses soon after moving in. Imagine what a bummer it would be, after all, to wake up one morning to a broken boiler or leaking, malfunctioning fridge in your brand-new home. A home warranty can lessen those worries, which for many is worth every penny.

What Does a Home Master Warranty Cover?

Under our warranties, homeowners experience the convenience of having one single plan cover all of their new and existing home appliances, systems and electronics. Customize the features, benefits, deductible and option through our online registration portal.  There are no long term commitments and customers are not locked into a plan. Customers can choose month-to-month or annual payment plans.

                                   

 

How much does a home warranty cost?

While home buyers are often required to get homeowners insurance along with their mortgage, home warranties are a fully optional purchase. Basic coverage starts at about $500 and goes up to $700-800 for more comprehensive coverage, says Dobish. A homeowner can add extras if needed, such as coverage for a swimming pool or an external well. 

Benefits for home buyers and sellers

A home warranty benefits home buyers by providing reassurance that they can move in without worrying about shelling out even more for surprise repairs.

A home warranty can also benefit home sellers (if they don’t have it already), since it can cover these elements during the listing period. Oftentimes, home sellers will offer to pay for the first year of a buyer’s home warranty to entice buyers to buy the home

But not everyone thinks home warranties are worth the cost. Typically they aren’t necessary with new homes, since most of the appliances are already covered under manufacturers’ warranties. But in general, the older your home, the greater the odds are that something’s bound to break, and the wiser it is to get a home warranty. Best of all? Many companies don’t differentiate between newer and older homes in terms of cost, making a warranty an especially cost-effective option if you are purchasing an older home. 

What to do if something breaks

If something covered under your home warranty breaks, you just call your provider and it will connect you with a qualified contractor in your area. One thing to remember is that a home warranty does not mean you’re off scot-free; typicallyyou’ll have to pay for a service call or a certain amount of the bill up to your deductible first.

While not everyone will think a home warranty is worth it, it is a good idea for people who lean toward the “better safe than sorry” approach when buying a home.

 

 

 

Why a Home Master Warranty Plan?

  • Protection against wear-and tear for eligible systems and appliances
    • Systems and appliances of all ages
    • Systems and appliances of all brands
    • Systems and appliances regardless of where they were purchased
  • Convenient automatic billing
  • Cancel at any time

Why Choose a Home Master Warranty Plan?

The Home Master Warranty is backed by one of the strongest insurers in the industry, rated “A” (Excellent) by A.M. Best. Specializing in customer service, as an A+ rated and accredited company by the Better Business Bureau, you can rest assured that you are getting excellent support to go along with quality protection.