A home warranty in Nevada is a smart move if you’re worried about expensive home repair costs. Or if you just want to make the home repair process easier. With a home warranty, you sign a contract with a warranty provider and pay them an annual fee. Usually, a few hundred dollars.
If any component in your home that the contract covers stops working, or isn’t working correctly, you call the warranty provider to send a contractor. When repairs are needed, the warranty provider sets them up and pays the bill, and you only pay a small deductible around $75 and $125.
Home Warranty and Home Insurance in Nevada
Although they sound similar and homeowners sometimes confuse them, a home warranty is much more different than a homeowner’s insurance. A home warranty in Nevada covers repairs when items in your home stop working properly.
Homeowner’s insurance covers repairs for damages to your home caused by accidents, theft, or some natural disasters. If a fire, water pipes bursting, or a burglary cause affects your home or causes you to lose possessions, that’s when homeowner’s insurance kicks in and covers it.
For a reasonable annual fee and a small deductible, a home warranty in Nevada saves you a considerable amount of money compared to the cost of home repairs. Many components in a home are very expensive. And the costs to fix and repair may end up being thousands of dollars. So having a home warranty to cover these kinds of repairs is much better than going through your entire emergency fund or run up a huge credit card bill.
The repair process is much more convenient when you have a home warranty because the warranty provider handles everything. You don’t have to stress out about finding the right contractor or negotiating a fair price for the repairs. Choosing a contractor and communicating with them throughout the repair process can be time-consuming. As such, with a home warranty, you avoid the hassle.
Recommended Read: Home Warranty in California
If you want to protect yourself in the event of a component in your home breaking down, a home warranty in Nevada is one of the smartest moves you can make. In one home repair, the warranty can pay for itself.
Have you obtained a home warranty? And, if so, have you had to get any repairs through it? Let us know what you think of home warranties in the comments.