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A Home Warranty Plan

What does it cover?

 

 

 

 

A home warranty plan in South Carolina, also known as a home protection plan, is a service contract that offers homeowners a way to safeguard themselves against possible breakage or a malfunction within the home.  It’s impossible to predict the future, which is why so many buyers look for that little extra peace of mind to comfort them when life unexpectedly throws them an unforeseen problem.

 

Who Needs A Home Warranty Plan

 

Basically, anyone who purchases a home and is concerned with the cost of repairs should consider a home warranty plan.  This is especially true of first time home buyers who may not be familiar with home maintenance.

 

Factoring In The Cost

 

When factoring in the potential cost of repairing a major appliance or other home component, a home warranty plan may not be a bad investment.  The actual cost of warranty coverage will depend on the plan chosen and the items protected.  As is the case with everything in life, it’s best to shop around and compare prices.

 

Who Pays For A Home Warranty Plan

 

You can choose a home warranty plan in conjunction with purchasing your home, sometimes as a special incentive plan

 

 

As a buyer, you can order a home warranty plan in conjunction with the purchase of your home.  However, some sellers or builders may include this type of offering as an incentive to attract potential buyers.  In this case, the plan is yours at no additional cost.  Some Real Estate Agents in South Carolina may also offer a home warranty plan as a gift to customers who buy a home through their agency.

 

What’s Covered & What’s Not

 

Just like a car warranty, no two policies are the same.  Coverage varies by location and issuer, and never hesitate to ask Pawleys Island Real Estate help you to choose a warranty plan that best suits your needs.  Most basic plans cover a home’s heating and cooling system, electrical system, plumbing, water heater and major appliances, including a dishwasher, range/oven/cooktop, garbage disposal, etc.  Coverage does not apply to items that are misused or damaged, either intentionally or through negligence.  Instead, most home warranty plans are designed to protect the homeowner from defects that result during the course of normal wear and tear.

 

When considering the purchase of a home warranty plan, review the complete contract and familiarize yourself with exactly what’s covered under your policy.  If you want an upgraded policy, don’t hesitate to ask me if one is available.  Most companies do not require a home inspection and will notify homeowners when their coverage is about to expire.  The good news is that most policies are renewable.

 

What To Do If A Problem Arises

 

Avoid costly repairs….a home warranty will cover your appliances, as long as it is not due to extreme negligence.

 

 

If you are unable to satisfactorily resolve an issue with your home warranty plan in Pawleys Island, either due to denial of a claim or undesirable service, talk to the Real Estate Agent who sold you the home.  If he/she refers a lot of business to this particular company, it may be possible for him/her to speak with them about reaching an amicable resolution.

 

The purchase of a home is a big step and it’s likely to be the largest purchase you will ever make, so be sure to consider all of the options available to help protect yourself from costly repairs.  Ask Pawleys Island Real Estate for more information relating to available home warranty plans.

 

Melissa Keller, Realtor in Pawleys Island

 

Pawleys Island Real Estate

Pawleys Island Real Estate

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Pawleys Island Real Estate Homes