Are Home Warranties Worth It for Lake Charles Residents?
Yes, home warranties are worth it for Lake Charles residents. Summers in Lake Charles are very hot, which makes it extremely important that your air conditioner works well. However, this system can malfunction over time from heavy use.
Lake Charles has fairly mild winters, but it's still important to make sure your heating works when needed. The cost of an HVAC system replacement can range anywhere from $2,500–$8,000. Home warranties, on the other hand, come in at only $644–$737 annually, based on 120 quotes we received from home warranty companies nationwide.
Lake Charles' heavy rain can damage your roof. Some home warranty policies include limited roof-leak coverage, which can mitigate the cost of roof repair. Finally, a home warranty connects you with service providers you can trust.
A reputable home warranty is a good investment because companies vet their technicians. When life keeps you busy, your home warranty provider can ensure that someone reliable will handle your issue.
What To Consider Before Choosing a Home Warranty Company
Consider these important factors when picking the best home warranty plan for you.
Cost
We requested 120 quotes for a 2,000-square-foot, single-family home. From this we determined that the average home warranty cost is $53–$62 per month. You'll also pay a service call fee of approximately $65–$125 each time you file a claim. Comprehensive home warranty plans typically cost more than basic ones. Appliance plans usually cost less than home systems coverage plans. Consider your specific needs before choosing a plan, as add-on coverage options will increase your monthly price.
Coverage
Many home warranty providers offer plans for select appliances or systems. Figure out which systems and appliances you use most often before selecting a plan. If you only want to cover certain major systems (like air conditioning) or specific appliances, you can find a plan that meets your needs. Here is a list of common systems coverage:
- Air conditioner
- Central vacuum
- Ductwork
- Electrical
- Heating
- Plumbing
- Water heater
- Built-in microwaves
- Clothes washers and dryers
- Dishwashers
- Garbage disposals
- Ovens
- Refrigerators
- Stovetops
Exclusions
Generally, home warranties don't cover preexisting conditions or improper installation. Most policies only cover breakdowns from normal wear and tear. Most will also exclude appliance components or cosmetic issues, routine maintenance, defects, or theft. Providers outline exclusions and limitations with their service contracts. We recommend reading it to understand your plan's specific terms and conditions.
Provider Reputation
Consider a company's reputation when making a decision. You can also read real customer reviews on sites such as Trustpilot, Best Company, and Google Reviews. Looking at reviews can show you how companies handle customer service and claims. Check with the Louisiana Attorney General to verify the status of a provider's state license.
Contractor Network
Take into account a home warranty company's service provider network. Quality home warranty companies source licensed and registered contractors to fulfill service requests. We suggest asking a provider how and where it sources technicians. Choose a provider that mentions service contractors you're familiar with. Homeowners in rural areas might consider choosing a home warranty provider that lets customers pick their technicians. It's good to have the option to source your own providers if there are no in-network ones available in your area.
Frequently Asked Questions About Home Warranty in Lake Charles
Is a home warranty required in Lake Charles?
What are preexisting conditions?
What is Lake Charles' best home warranty provider?
Do home warranties cover other types of home items?
Why do home warranties have a waiting period before coverage begins?
How do I file a claim with my home warranty provider?
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