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How to Choose the Best Home Warranty?

How to Choose the Best Home Warranty?

Home warranty is a type of an insurance that will ease homeowners from costly repairs. Usual coverage includes major home systems like plumbing, heating and various kinds of appliances that broke down due to the normal wear and tear process./nBuying a home is the beginning of your life�s major learning experiences. Home warranty provides budget protection and peace of mind for home buyers who might not be able to handle unexpected repair bills when they are least affordable. /nThere are certain benefits of home warranty such as; � Protection from large unexpected repairs � Most major systems and appliances covered � Convenience of one call, small service fee and prompt response � Provides ongoing home protection - renewable year after year � Full replacement of covered items if they can't fix it � Reduced after sale worries Tips on Choosing a Home Warranty Plan/nIt is quite difficult to choose the best home warranty. Within the current market place there are too many home warranty plans and their individual features would be difficult and confusing. Here are some tips which you need to keep in mind while choosing the best home warranty according to your requirements; � Contact the Better Business Bureau and ask about the history and past claims of the warranty being considered. � Consider the financial stability of the company and chances of its future existence. � How are repair services chosen in the local market place? � What should be the response time when a problem occurs? � Ask for a referral from the agent representing your side of the transaction./nThere are at least four issues you should be aware of when considering the purchase of a home warranty:/n� Pre-existing conditions are not covered by any home warranty. � Home warranties only cover problems within the home. � Home warranty does not provide coverage items that are a result of manufacturers defect or poor workmanship. /n� Home warranty insurance plan changes according to government regulations. /nHome warranty plays an important role in minimizing the risk that is associated with homeownership. A few good resources to consult on home warranty insurance are http://www.homewarrantysite.com/ and http://en.wikipedia.org/wiki/Home_warranty A best source to consult on home warranty insurance is http://www.homewarrantysite.com//nhttp://www.homewarrantysite.com/ is a best source to consult about home warranty.

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