Are Home Warranties Worth It for Columbia Residents?
Yes, home warranties are worth it for Columbia residents. Columbia can have fairly hot days during the summer, and you probably use your air conditioner frequently during the warmer months. Your air conditioning system can malfunction over time from heavy use.
Columbia winters can be fairly mild, but there are still times when you want to have a reliable heating system. Replacing your HVAC system can cost between $2,500 and $8,000, compared to a home warranty costing roughly $644–$737 annually based on 120 quotes we requested from home warranty companies nationwide. The regular rain in Columbia can damage your roof.
The cost of repairs will be lower if you have a home warranty with roof-leak coverage. Lastly, your home warranty will connect you with service providers you can trust. A reputable home warranty is a good investment because companies vet their technicians.
If you're focused on work or other priorities, your home warranty provider can ensure that someone reliable will handle your issue.
What To Consider Before Choosing a Home Warranty Company
Think about these key factors when determining the right home warranty plan for you.
Cost
We requested 120 quotes for a 2,000-square-foot, single-family home and found that home warranties cost roughly $53–$62 per month. You'll also pay service call fees each time you file a claim. These fees range from $65–$125 per claim. Basic home warranty plans are generally more affordable than comprehensive ones. A home systems coverage plan will usually cost more than an appliance plan. Many plans have add-on coverage options, but this will increase your monthly cost, so make sure you know your specific needs before selecting a plan.
Coverage
Most home warranty companies can tailor a plan to your needs. Think about which appliances and systems you use often and would like covered. If you only need coverage for select systems or appliances (such as your air conditioning), you can often find plans to fit. 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
Most home warranties only cover damage from normal wear and tear. They don't cover preexisting conditions or improper installation. In addition, home warranties don't cover appliance components or cosmetic issues, theft, routine maintenance, or defects. Each provider outlines exclusions and limitations within its service contract. We recommend reading it to understand your plan's exact terms and conditions.
Provider Reputation
Also, consider a provider's reputation. You can also read real customer reviews on sites like Best Company, Google Reviews, and Trustpilot. Ratings and reviews can show you how a company handles claims and customer service. Check with the Missouri Attorney General's Consumer Protection Section to verify a provider's state license.
Contractor Network
Consider a home warranty company's network of service providers. Trustworthy home warranty companies source licensed and registered contractors to fulfill service requests. We suggest asking a provider how and where it sources technicians. If you can, use a provider that mentions the names of familiar service contractors. Homeowners in rural areas might prefer home warranty policies with the option to choose their technicians. There may not be any in-network service providers in these areas, and you'll want the option to choose your own.
Frequently Asked Questions About Home Warranty in Columbia
Is a home warranty required in Columbia?
What are preexisting conditions?
What is the best home warranty provider in Columbia?
Do home warranties cover other types of home items?
Why is there a waiting period before my home warranty coverage begins?
How do I file a claim with my home warranty provider?
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