Top Home Warranty Companies in Corinth
The Different Home Warranty Company Plans Available in Corinth:
Corinth residents have the option to purchase an appliance plan, system plan, or combination plan through a home warranty company. These plans cover the repair or replacement costs of specified home systems and appliances should they break down due to normal wear and tear.
An appliance plan typically covers washers, dryers, ovens, dishwashers, microwaves, refrigerators, and garbage disposals. A system plan covers heating, air conditioning, plumbing, electrical, and doorbells. A combination plan is a mix of the two and offers coverage for both appliances and systems.
It’s important to compare home warranty companies and their plans before making a decision as coverage and prices can vary greatly.
Choosing a Home Warranty Company in Corinth:
There are many home warranty companies to choose from but not all of them are created equal. It’s important to do your research and find a reputable company with a good track record.
Here are some things to look for when choosing a home warranty company:
-Years in business: The longer a company has been in business, the more likely they are to be stable. They will have the experience and resources to back up their product.
-Better Business Bureau rating: Check the company’s rating with the Better Business Bureau to see if there have been any complaints filed against them.
-Coverage: Make sure the company you choose offers the coverage you need for your home.
-Deductibles: Some companies have high deductibles, so be sure to ask about this before you sign up.
-Customer service: Find out what kind of customer service the company offers and how easy it is to get in touch with them if you have a problem.
Once you’ve chosen a home warranty company, be sure to read the fine print of your contract so you know what’s covered and what isn’t. This will help you avoid any unpleasant surprises down the road.
How to Buy a Home Warranty in 5 Steps:
Step 1: Determine if You Need a Home Warranty
If you’re buying or selling a home, you’ll want to consider whether or not a home warranty makes sense for you. A home warranty is an insurance policy that covers the repair or replacement of major appliances and systems in your home, such as the HVAC system, electrical system, plumbing, and more.
While your homeowner’s insurance policy may cover some of these things, it typically doesn’t cover the cost of repairs or replacements. That’s where a home warranty comes in. A home warranty can help you budget for unexpected repairs and replacements and give you peace of mind knowing that your major appliances and systems are covered.
Step 2: Shop Around for the Best Home Warranty Company
There are many home warranty companies to choose from, so it’s important to do your research to find the best one for you. Be sure to read reviews and compare pricing before making a decision.
Step 3: Choose the Right Plan
Once you’ve selected a home warranty company, you’ll need to choose the right plan. There are typically two types of plans: basic and comprehensive.
A basic plan will cover the repair or replacement of major appliances and systems, such as your HVAC system, electrical system, plumbing, and more. A comprehensive plan will also cover things like your pool, spa, or septic system.
You’ll also need to decide how much coverage you need. Most home warranty companies offer different levels of coverage, so you can choose the amount that makes the most sense for you.
Step 4: Get Your Home Inspected
Once you’ve chosen a home warranty company and plan, you’ll need to get your home inspected. This inspection is typically required by the home warranty company in order to activate your policy.
The inspector will look at all of the major appliances and systems in your home to make sure they are in good working order. They will also take note of any pre-existing conditions that may not be covered by your home warranty.
Step 5: Enjoy Your Peace of Mind
Once your policy is in place, you can enjoy the peace of mind that comes with knowing your major appliances and systems are covered. If something breaks down, simply give your home warranty company a call and they will send a qualified technician to make the repair or replacement.
Additionally, most home warranty companies offer additional benefits, such as discounts on repairs and replacements, 24/7 customer support, and more. Be sure to take advantage of these benefits to get the most out of your home warranty!
What are the Main Differences Between a Home Warranty and Home Insurance?
A home warranty is a service contract that helps homeowners cover the costs of repairing or replacing home systems and appliances that break down due to normal wear and tear. A home insurance policy, on the other hand, protects your home from events such as fires, storms, and theft.
While both types of coverage are important, they serve different purposes. Let’s take a closer look at the key differences between a home warranty and home insurance:
Coverage: Home warranties typically cover repair or replacement costs for items such as your heating and cooling system, water heater, oven, dishwasher, etc. Home insurance policies generally don’t cover these items—with a few exceptions (e.g., if your dishwasher breaks and causes a flood).
Cost: Home warranty plans typically cost between $300 and $600 per year. Home insurance premiums can vary widely depending on the value of your home and the amount of coverage you need.
Deductibles: Home warranty deductibles are usually much lower than home insurance deductibles. For example, you may have to pay a $50 deductible for a covered repair under your home warranty. Your home insurance deductible could be several hundred dollars.
Exclusions: Home warranties often exclude certain items from coverage, such as pools, trampolines, and other “high-risk” items. Home insurance policies typically have fewer exclusions.
Bottom line: If you’re looking for protection against the high cost of repairing or replacing major home systems and appliances, a home warranty is a good option. If you want to safeguard your home and belongings against fire, theft, and other perils, you need home insurance.
Do I Need Both a Home Warranty and Home Insurance?
Yes, we recommend that you have both a home warranty and home insurance policy in place. A home warranty can help you budget for unexpected repairs. Home insurance will provide much-needed protection in the event of a disaster.