Are Home Warranties Worth It for Woodbury Residents?
Home warranties are worth it for Woodbury residents. Woodbury summers are fairly mild, but it's still important for your air conditioner to work properly. However, over time this system can malfunction due to breakdowns from regular wear and tear.
Winters in Woodbury can be freezing, which means you rely heavily on your heating system. 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. The regular rain in Woodbury can damage your home's roof.
The cost of repairs will be lower if your home warranty has roof-leak coverage. Lastly, your home warranty will connect you with trustworthy service providers. Investing in a reputable home warranty company is worth it because companies vet their technicians.
If you don't have time to do the research yourself, your home warranty provider can give you peace of mind that someone reliable will handle your issue.
What To Consider Before Choosing a Home Warranty Company
Think about these key factors when selecting your home warranty plan.
Cost
We pulled 120 quotes for a 2,000-square-foot, single-family home and found that the average home warranty costs between $53–$62 per month. There are also service call fees that apply whenever you file a claim. These fees range from $65–$125 per 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 give you the option of getting add-on coverage options for an additional monthly cost. Consider your specific needs before committing to a plan.
Coverage
You can often find home warranty plans that cover specific appliances and systems. Decide whether you need coverage for major systems (like heating), specific appliances, or for both. Then ask your provider about its options for customized coverage. 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
Usually, home warranties don't cover improper installation or preexisting conditions. Most policies only cover normal wear and tear. Most will also exclude cosmetic issues or appliance components, defects, routine maintenance, or theft. Your provider will outline its limitations and exclusions in its service contract. Read your contract thoroughly to fully understand the terms and conditions of your plan.
Provider Reputation
Also, consider a provider's reputation. You can also find real customer reviews on sites like Google Reviews, Best Company, and Trustpilot. Ratings and reviews can show you how a company handles customer service and claims. Check with the Minnesota Attorney General to verify a provider's state license.
Contractor Network
Take into account a home warranty company's service provider network. Your provider should always send licensed and registered contractors to fulfill service requests. Make sure you ask where and how a company sources its technicians. If you can, use a provider that mentions the names of familiar service contractors. Homeowners in rural areas may consider choosing a home warranty that lets them pick their technicians. You'll want 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 Woodbury
Do I need a home warranty in Woodbury?
What are preexisting conditions?
What is Woodbury's 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 can I maximize the value of my home warranty?
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