Total Home Protection Plan

What’s your first reaction when you notice your 10-year-old refrigerator has a leakage? Most likely you will begin to weigh your options: a pricey repair or an expensive replacement. But, if you have secured your home with a total home warranty plan the repair could be far less costly.

When purchasing a new home, many homeowners drop a large amount of money to furnish their home with all new appliances. While many of these purchases are essential for daily housework, it can be very expensive. So, instead of constantly worrying about their appliances breaking down and the costs associated with that, buyers should consider investing in a total home warranty plan.

What is the Total Home Warranty?

Basically, a home warranty plan is an annual service that includes the repair or replacement of key appliances or machinery that may break down over time. In other words, a home warranty is a service contract for about a year that covers all repairs and replacements of most of the household appliances for any failure, regular utilization, and other various issues that happen due to age.

What is covered?

A total home warranty will usually cover the most important parts of significant home appliances, for example, air conditioning, hot water dispensers, HVAC, water system, electrical, etc. It might also cover appliances used for daily household chores such as dishwashers, clothes dryers, refrigerators, and cooktops.

How does it work?

When your home appliance fails or breaks down, call your warranty company. The primary goal of the company is to make the clients feel secure and protected in their new purchase and warranty plans.

If the breakdown is covered by the plan, they will ask you to file your claim. So before you file, have your receipt and damaged appliances with you. They will verify it and find specific appliance protection plans for your item. After deciding on the right plan for you, they will ask for information about your specific device and the damage associated with it. Then your claim will be instantly approved.

The appliances that require warranties are:

  • Cooktop 
  • Clothes Dryer 
  • Clothes Washer 
  • Dishwasher 
  • Garbage Disposal 
  • Instant Hot Water Dispenser 
  • Kitchen Fan/Hood 
  • Microwave 
  • Oven 
  • Refrigerator 
  • Stand-Alone Freezer 
  • Stove/Range 
  • Trash Compactor 
  • Washer/Dryer Combo

Protection plans also typically cover HVAC, Plumbing, and Electrical systems.

Evaluate the Home Warranty Agreement

First, make sure that your total home warranty covers home appliances and systems that may need repair from daily wear and tear. Ask for a sample agreement from the service provider and check the pros and cons of the contract. Make it clear by calling the warranty provider company’s customer service and asking for detailed explanations.

Difference Between Total Home Warranties and Home insurance

Unlike home warranties, home insurance is a prerequisite with a loan and it includes the loss from robbery or any natural disaster like an earthquake. Home warranties, on the other hand, cover the appliances that are required at home as well as the electronics that we utilize every day.  All home warranty companies have different levels of coverage and plans, which mostly depend on the price of the warranty.

Final note.

If you want to protect your appliances from regular damages there are various third-party suppliers who provide a total home protection plan for electronics and also provide package coverage for all of your household appliances and your choice of main household systems. If you want to maintain your appliances for a long time it’s worth getting a total home protection plan.

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