Are Home Warranties Worth It for Mentor Residents?
Home warranties are worth it for Mentor residents. Mentor can have fairly hot days during the summer, and you probably use your air conditioner frequently during warmer months. Your air conditioner can malfunction over time due to breakdowns from regular wear and tear.
Winters in Mentor are very cold, meaning you rely on your heating system often. HVAC system replacement can cost anywhere from $2,500–$8,000, compared to a home warranty costing roughly $644–$737 annually based on 120 quotes we requested from home warranty companies nationwide. Mentor's regular rain showers can also affect your home's roof.
Some home warranty companies offer limited roof-leak coverage to financially assist with repair. Lastly, a home warranty connects you with trustworthy service providers. Investing in a reputable home warranty company is worth it because companies vet their technicians.
If you're focused on work or other priorities, your home warranty company can ensure that someone reliable will handle your issue.
What To Consider Before Choosing a Home Warranty Company
Think about these key factors to determine the best home warranty for your needs.
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 each time 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 offer add-on coverage options for an additional monthly cost. Consider your particular needs before committing to a plan.
Coverage
Determine which systems and appliances you use most often. Most home warranties offer custom coverage tailored to your needs. If you only need coverage for certain systems, like your heating, most companies offer systems-only plans. The same is true if you only need 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
Most home warranties only cover normal wear and tear. They don't cover improper installation or preexisting conditions. Additionally, home warranties don't cover cosmetic issues or appliance components, routine maintenance, defects, or theft. Providers will outline limitations and exclusions in their service contracts. Thoroughly read your contract to ensure you understand the terms and conditions of your plan.
Provider Reputation
Also, consider a provider's reputation when making a decision. You can read customer reviews on sites like Google Reviews, Best Company, and Trustpilot or look at a company's rating with the Better Business Bureau (BBB). Reviews and ratings are a great way to assess how providers handle customer service and claims. Check with the Ohio Consumer Protection Section to verify that a provider holds a license with the state.
Contractor Network
Consider a home warranty company's service provider network. Companies should always use licensed and registered contractors to handle service requests. Make sure you ask where and how a company sources its technicians. Select a provider that mentions the names of familiar service contractors. Rural homeowners may 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 no in-network ones are available in your area.
Frequently Asked Questions About Home Warranty in Mentor
Is a home warranty required in Mentor?
What are preexisting conditions?
What is Mentor's best home warranty provider?
Can I get a home warranty that covers 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 do I file a claim with my home warranty provider?
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