Owning a home undoubtedly comes with a lot of benefits. It's a great financial investment, not to mention it brings you and your family stability and a place to set down roots. But let's be honest, being a homeowner comes with a lot of responsibility.
As your home ages, it experiences natural wear and tear which often leads to unavoidable, unexpected damages that need to be repaired.
Basic Home insurance policies don't typically cover systems that breakdown from wear and tear, like your heating or AC system. Thankfully, there are companies like HomeServe that offer home warranty plans for your heating and cooling systems at a great monthly price that can help protect your finances from the expense of home repairs top to bottom.
A little confused about what plan you may need? Here's a breakdown of the plans that HomeServe offers:
Water Heater Repair and Replacement: $8.99 a month
You depend on hot water for showering, washing, and laundry, so when your hot water heater breaks down, it can cause some big problems for you and your family. For example, you may run out of hot water quickly, (no hot showers or dishwasher loads.) Or sediment may build up in the water heater and cause odors.
It typically costs $780-$2,400 to replace a 40-gallon water heater. With this plan from HomeServe, you pay $8.99 per month and it includes the following covered items, up to the plan's benefit amount burner supply tube and assembly, drain and gas valves, pilot light, temperature control, and the main burner.
Water Heater Repair: $6.99 a month
Having only your water heater repaired by HomeServe costs just $6.99 a month when you have a plan in place. It can typically run between $200-$400 to repair most components of a water heater. Similar to the Repair and Replacement plan mentioned above, it also covers the following, up to the plan's benefit amount: burner supply tube and assembly, drain and gas valves, pilot light, temperature control, and the main burner.
Sewer Service Line: $12.98 a month
Because your sewer/septic line is buried underground on your property and not typically inspected, a failure is almost impossible to predict. The sewer septic lines can weaken and crack over time due to damage caused by aging, normal wear and tear, and ground shifting. A damaged sewer or septic line can potentially cause clogged drains inside your home, sewage flooding into your basement, and/or sewage backup in your yard.
The price tag for replacing a sewer or septic line averages at $5,054. When you have a plan from HomeServe in place, it could cost just $12.98 a month. The plan covers the following, up to the plan's benefit amount: locating the blockage or collapse; excavation to expose pipe; pipe replacement or repair; repair or replacement of seals and joints; unblocking; fusing; fitting external valves; welding; pipe cutting;
Water Service Line: $7.95 a month
We rely on our water service line to bring fresh water into our homes. This line can break due to ground shifting, pipe aging, corrosion, or extreme temperatures. There is no real way to avoid this happening, and when it does, you could be faced with a repair bill that averages $2,585, nationally.
The Water Service Line plan from HomeServe covers the following, up to the plan's benefit amount: excavation to expose pipe; pipe replacement or repair; repair or replacement of seals and joints; unblocking; fusing; welding; fitting external valves; pipe cutting;
When you look at how costly it can be, it makes a lot of sense to sign up for a plan from HomeServe. Plans have a 30-day waiting period with a money-back guarantee and include access to our 24-hour, 7 days a week, 365 days a year repair hotline. You can rest easy knowing that HomeServe will send a local, licensed, and insured technician to deal with your covered repair and that we promise a full, one-year guarantee on all covered repairs.
Enroll in a plan from HomeServe today and be prepared for future home repairs that may come your way. Not only can a plan help to save you money if you have a breakdown, but it can also give you invaluable peace of mind.