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Is It a Good Idea to Go For the Extended Warranty on Your Appliances?

Home appliances have become so ingrained in our lives that we never even give them a second thought – until they break down of course. The amount of convenience that they provide is something that most of us would prefer not to do without, and so we immediately jump on the phone to the local appliance repair shop the moment we have a problem. Home appliance repair from an authorized repair service can be quite costly, but an easy way for you to save money on the repair is to have a home warranty.

You can purchase a home warranty at any time so long as you own your house, but most people encounter the opportunity when they first purchase their new home. A home warranty will normally be offered to you as part of the deal that you will make. This isn’t your usual home insurance but it does cover several things in your home that are worth considering, even your pool! Since you are buying a home that has existing appliances whose current state of repair is unknown, it might help you to sleep better at night knowing that you are protected Whirlpool Appliance Repair Los Angeles.

Your new home warranty is an insurance agreement between you and the home warranty company that covers the appliances in your home, it does not cover items like your foundation or roof. In the event that your appliances such as your washer, central air or central heating, dryer, refrigerator, or water heater are damaged and in need of repair, the home warranty company that you signed up with will send a technician to visit your home and assess the damage to verify that it is covered under your home warranty plan. If it is, the cost to you should be nominal. As the homeowner you may be required to pay the service fee, after which the warranty company will reimburse the appliance service for the repair, but some companies pay for everything. Depending on the cost of the repair, you can save a substantial amount by letting the home warranty company pay for everything. An added benefit to the process is that you don’t have to bring your appliance into the repair shop and the warranty company deals with the repair service directly so you don’t have to.

When you are buying a home warranty for appliance repairs, make sure that it provides you with the coverage you need. This means reading between the lines and looking at the fine print to see that everything is in order. There are a lot of limitations and exclusions, such as secondary damages. If your refrigerator leaks all over your kitchen and ruins your tile floor, (considered to be secondary damage), the home warranty company will fix the refrigerator but it won’t pay to replace the damaged tiles. Shop around and compare various plans and their deductibles to find one that fits your needs and budget.

Your home warranty should only cost you a few hundred dollars for the entire year which is a great bargain compared to the money you would need to spend to have your appliance fixed by a service center near you. The money savings alone though isn’t the only reason to purchase a home warranty policy. Just knowing that they are covered in the event of a break down provides peace of mind to many homeowners.

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