4 things to look for when picking a home warranty company
When looking for the right home warranty company for you, 2-10 Home Buyers Warranty (2-10 HBW) will always work to be that company. However, because you’re a smart and responsible homeowner, we know you want to do your research and come away feeling good about your choice of home warranty coverage. Today, we’ll share four things to look for when picking a home warranty company.
1. What the home warranty company’s Service Agreements cover
All home warranty companies have different Service Agreements. These Service Agreements (oftentimes called home warranty plans) determine which home systems and appliances they’ll cover, and under which conditions. When you begin your search for a home warranty company, this is one of the best places to start.
It might be tempting to begin your search with pricing (more on that later). But for many homeowners, what the plan covers helps them determine what they need, in terms of both coverage and pricing.
For example, you might own a home that has newer kitchen appliances but an older air conditioner or water heater. If you were to purchase the least expensive plan, you may find that it doesn’t include coverage for your air conditioner/HVAC system or water heater, which are some of the more expensive systems to repair or replace. This is just one reason why you should start by determining what you need first.
Fortunately, when you choose 2-10 HBW as your home warranty company, you get access to multiple plans that you can then personalize. That lets you find coverage you need at a fair price.
2. The home warranty company’s limits and exclusions
Every single home warranty company has limits and exclusions on coverage. In a nutshell, limits and exclusions allow home warranty companies to provide the most robust coverage to homeowners at a reasonable price. They also allow more homeowners to obtain coverage in general. You can read more about the details of coverage limits here.
Limits and exclusions can be a pain point for homeowners, often because they’re hard to find or understand. That’s why 2-10 HBW goes the extra mile by including descriptions of limits and exclusions in all of our Service Agreements. Because when you know your limits and exclusions up front, it helps you make the best decision for you. In addition to the fact that your Service Agreement is available 24/7 online, 2-10 HBW’s friendly customer service team can help explain coverage, limits, and exclusions, too.
3. The cost of your specific warranty plan
Without a doubt, the cost of a home warranty is important in which home warranty company you choose. As you can see, coverage, limits, and exclusions all play a part in how much your specific plan might cost. Generally, the more you cover, the more you pay for coverage. But the more coverage you have, the less likely it becomes that you’ll have to pay big out-of-pocket costs when a system or appliance suddenly breaks down.
With 2-10 HBW, you can get an online quote on coverage anytime. You can pick a base plan online, and see how much it would cost you both monthly and annually. Then, you can add options to your coverage if you choose (e.g., Service Fee adjustments, coverage for washers and dryers). That lets you personalize your coverage and only pay for what you want.
We believe that you know your coverage needs better than anyone. It’s why we’re committed to letting you personalize your plan for your needs and your budget. And if you want more help or advice on the best coverage and cost for you, our customer service team is ready to help you!
4. Whether the company uses licensed and insured technicians
One of the more understated benefits of working with a trustworthy home warranty company is that you get access to licensed and insured independent Service Contractors. As you research, be sure that the home warranty company you choose uses licensed and insured contractors. That can go a long way in helping you get the most out of your home warranty.
Conclusion
Finding the right home warranty company for your needs is important. As you research, make sure you understand your coverage, limits and exclusions, prices, and whether the technicians a company uses are licensed and insured.
Of course, you can get all the information you need about all of those things with 2-10 HBW! We give you coverage plans you can personalize and show you what it’ll cost. We show you our limits and exclusions up front. And all of our independent contractors are licensed and insured, so you can rest easy.
2-10 HBW offers the most comprehensive home warranty coverage for homeowners. Let us help you protect your home.
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