Whether you’re looking to buy a new home or just moved into a home that needs repairs, you’ll need to learn more about home warranty companies. There are several solutions available, which is fantastic news. You can get standard coverage, upgrade the range or even opt for optional coverage.


Whether selling or buying a home, home warranty companies in Tennessee can help you save money by covering costly repairs. Home warranties can include significant systems and appliances in your home, reducing the risk of needing expensive repairs.

Prices for home warranties vary widely. They depend on several factors, including the company and the plan is chosen. However, there are some everyday things that you can look for to make sure you’re getting the best value.

Home warranty companies offer plans with monthly and annual payments. Monthly contracts are less expensive because you only pay a portion of the monthly cost. A year-to-year contract is more expensive, but the price is spread over the year.

Home warranty policies typically cover the most common mechanical systems in a home. Those systems are usually electrical, plumbing, and HVAC. Other systems may also be included. Some providers offer add-ons such as swimming pools, spas, and electronics. The costs of these add-ons will drive up the monthly premium.

The average cost of a home warranty plan is about $432 per year. Depending on your specific benefits and options, the cost can range from $80 to $8,000. Some companies let you customize your premium by estimating the number of claims you expect to make.

Standard coverage

Depending on the provider, there may be different types of coverage. Understanding what is covered by the warranty is essential to make an informed decision.

While there are several home warranty companies to choose from, it’s a good idea to compare plans, prices, and service fees before choosing one. Most offer standard, enhanced, and optional coverage. Some will also set limits on the number of appliances and systems that can be covered.

The price of a home warranty will raise the value of your house if you want to sell it. Having a warranty will help you avoid paying high repair costs.

In addition to protecting your home, a warranty will ensure you get the best possible price. Home warranties can be purchased in New York for between $40 and $60 a month.

When buying a home, you will want to work with a real estate professional who can guide you through the process. You will also need to hire a lawyer who can explain the ins and outs of a home warranty contract.

Optional coverage

Choosing home warranty insurance is an excellent way to lower your repair costs. Several companies offer a wide array of coverage options. However, you should ensure you get the best home policy.

The most basic home warranty covers certain parts and labor. You may also add additional coverage for appliances or other devices. If your warranty includes a rider, you will pay an extra premium to cover additional items.

The most common home systems and appliances covered by a warranty are a/c, furnace, heating, electrical, water heater, refrigerator, dishwasher, microwave, washer, dryer, garbage disposal, floor coverings, septic system, pool equipment, garage door opener, and more. Most company coverage plans have a cap on the total number of appliances that can be covered.

Some companies also offer mobile home insurance. This type of coverage is similar to other companies but doesn’t cover the entire home.

Other companies cover the entire home, including the plumbing, air conditioning, and electrical systems. You can opt for a combination plan that bundles these systems and appliances. It is a cheaper option than buying a separate policy.

Exclusions and limitations

Understanding the exclusions and limitations of your home warranty provider is a worthwhile endeavor. For instance, is it possible to get a home insurance plan that excludes guesthouses? You can also buy a warranty with a $500 limit on appliances.

Consult a savvy agent if you want a comprehensive overview of the warranty neophyte’s options. A good agent will tell you what is covered, what isn’t and when to ask. In addition, you will have a much easier time comparing competing products. For instance, if you purchase a home warranty that only covers the electrical system, your agent might recommend a different company.

The best course of action would be for you to read the fine print. A warranty provider’s website might tell you that your home’s roof isn’t covered, but you must do the legwork to find out. It would be best if you also inquired about the cost of your service.

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