Are Home Warranties Worth It for Grand Rapids Residents?
Yes, home warranties are worth it for Grand Rapids residents. Grand Rapids summers can have some very hot days, which means it's important that your air conditioner works well. However, over time this system can malfunction due to breakdowns from regular wear and tear.
Winters in Grand Rapids are very cold, meaning you rely on your heating system often. Replacing your HVAC system can cost anywhere from $2,500–$8,000, compared to a home warranty coming in at around $644–$737 annually based on 120 quotes we received from home warranty companies nationwide. Grand Rapids' regular rain showers can also affect your home's roof.
Some home warranty providers offer limited roof-leak coverage to ease the financial burden of repair. Finally, home warranties connect you with reliable technicians. When work and other priorities keep you busy, you want to know a trustworthy service provider is handling your repairs.
Reputable home warranty companies vet every service provider they work with.
What To Consider Before Choosing a Home Warranty Company
Consider these key factors when determining the right home warranty plan for you.
Cost
We received 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 whenever you file a claim. A basic home warranty is more affordable than a comprehensive one. Appliance plans are typically less costly than home systems coverage plans. Most plans offer add-on coverage options for an additional monthly cost. Consider your specific needs before committing to a plan.
Coverage
Figure out which appliances and systems you use most often. Most home warranties offer customizable coverage tailored to your needs. If you only need coverage for certain systems, such as your heating, most companies offer systems-only plans. The same is true if you only want coverage for select appliances. The following 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
Home warranties usually only cover damage from normal wear and tear. This doesn't include improper installation or preexisting conditions. Most policies also won't cover appliance components or cosmetic issues, defects, routine maintenance, or theft. Providers will outline limitations and exclusions in their service contracts. Thoroughly read your contract to make sure you understand the terms and conditions of your plan.
Provider Reputation
You should also consider a provider's reputation. You can also read customer reviews on sites like Best Company, Google Reviews, and Trustpilot. Ratings and reviews can show how a company handles claims and customer service. Check with the Michigan Attorney General to verify a provider's state license.
Contractor Network
Take into account a home warranty company's service provider network. Be sure to ask your provider where and how it sources technicians. All reputable companies should use licensed and registered contractors to handle service requests. If you can, use a provider that mentions service contractors you're familiar with. Residents of rural areas may consider choosing a home warranty that lets them select their technicians. You'll want the option to source your own providers if no in-network ones are available in your area.
Frequently Asked Questions About Home Warranty in Grand Rapids
Is a home warranty required in Grand Rapids?
What are preexisting conditions?
What is Grand Rapids' 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 is a home warranty different from homeowners insurance?
How can I maximize the value of my home warranty?
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