With the rising costs of home repairs and the time-consuming repair process, a home warranty in Massachusetts is essential for minimizing the impact any repairs have on you and your pocketbook.
Home warranties are fairly easy to understand and purchase. You find a warranty company and set up a contract with them. The contract you sign covers the components of your home in case any of them stop working.
Home Insurance and Home Warranty in Massachusetts
For an annual fee of a few hundred dollars and a minor deductible (around $100 is the standard amount), the warranty company pays for your home repairs. On your end, all you have to do is contact the warranty company when something in your home isn’t working properly and they’ll schedule an appointment with a contractor.
A home warranty in Massachusetts is the best, most affordable option when it comes to home repairs. If you don’t have a home warranty, you’ll need to have an emergency fund for unexpected home repairs. Or you’ll likely end up having to put those repairs on your credit card.
One thing to remember is that home warranties are not the same as homeowner’s insurance. A homeowner’s insurance policy kicks in for accidents, certain natural disasters, and theft, paying you for any damages that result from those events. A home warranty pays for repairs when components in your home break down on their own. It’s smart to have both a home warranty and homeowner’s insurance for total protection.
If you’re wondering whether a home warranty is worth it, just look up some of the average repair costs for the items in your home. Many repairs will cost far more than the annual fee and deductible of a home warranty. Don’t forget about the time it takes to hire a contractor, as well. There’s nothing like being able to simply call up your warranty company and let them handle the rest.
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When you have a home, it’s critical that you plan for sudden, unexpected expenses. Rest assured, the most economical way to do so is by purchasing a home warranty in Massachusetts. You’ll be happy you did this the first time something stops working and your warranty company handles the whole repair process.
Have you obtained a home warranty, and, if so, have you had to use it for any repairs? Share your feedback on home warranties in the comments.