What does a home warranty cover?

Appliances are often reliable, but when they break down, it can result in costly repairs. Even worse, they might need to be replaced. If you want to ensure that they will continue to work – with a minimal cost to you – a home warranty will help.
What Is an Appliance Warranty?
An appliance repair warranty is an insurance policy that covers your appliances. It would cover the cost of repairs when it breaks down, and would also replace it if it cannot be repaired. This could save you the cost of a new appliance. You would, however, still have to pay the cost of the repairman's visit.
What Appliances Would Be Covered?
When you purchase an appliance warranty for your home, it covers all of your appliances. This includes the following: the washer and dryer, the dishwasher, the refrigerator, the oven range, the stove cooktop, a built-in microwave, and a garbage disposal.
The Average Cost of Repairs
When appliances break down, it could be costly. For instance, if your refrigerator breaks down, you could expect to pay an average cost of anywhere from $300 to $600. If the washing machine ceases to work, you can expect an average cost of $65 to $600.
The Savings to You
Instead of worrying about the possibility of an appliance breakdown, you get to have one less worry when they are covered. This can be especially valuable to you if you do not have the money on hand to be able to pay for repairs or replacement.
Who Can Benefit Most from the Policy?
If you are buying a home that has older appliances in it, it would be to your advantage to get a policy. Since you do not know the condition of the appliances, it would protect you if and when they break down.
Another situation where an appliance policy could be beneficial is when you are selling a home. Buyers will be pleased to know that the appliances are covered and this will be an added incentive for them to buy. The policy can be easily transferred to the new owners.
Not Covered by a Home Insurance Policy
home insurance policy will not cover appliance breakdowns, or having to replace them. Those policies are necessary, but they only provide coverage after a disaster, such as when a tornado or fire strikes your house.
Other Coverage Options You May Want
In addition to the warranty on the appliances, you may also want to get additional coverage which could save you even thousands of dollars more. Covering the home's systems would be especially valuable since they could easily cost you a lot more money. You could cover the home's electrical systems, the plumbing, the heat and cooling systems, plumbing stoppage, and the water heater.
The Endurance Home Warranty insurance company has been providing homes with an appliance repair warranty for over 50 years. We serve all 50 states and only work with repairmen who have excellent ratings. Call us today for a free quote on covering your appliances, and other coverage needs. 855-508-0025