The Benefits of a Premium Warranty for Your Home
A premium warranty for your home will cover all of your house's components, provide relatively low deductibles and pay for repairs that certain appliances require. Many companies that offer warranties will also thoroughly evaluate the contractors who will perform repairs at your home.
The Damage That Is Covered
Generally, a written guarantee will require the company to pay for damage that occurs due to tornadoes, hurricanes and earthquakes. Sometimes, the business will charge different deductibles for certain types of damage and fix particular parts of a house for free.
The Age Of The House And Its Location
The enterprise that provides the warranty will generally charge higher rates if a house is surrounded by sizable trees, located near a large river, positioned within 100 yards of a cliff or situated on particularly low ground. Additionally, the business may only offer particularly expensive warranties for structures that were built more than 50 years ago; however, a homeowner can reduce these rates by providing proof that extensive renovations have been recently completed.
Routine Maintenance for the Roof
Numerous studies have shown that a leaky roof is one of the most common causes of damage to houses in the United States. A premium warranty will cover the costs of new felt, thick shingles, new flashing and high-quality gutters, and if a house is located in a relatively cold climate, the business will usually pay for the installation of ice guard.
A company may offer substantially lower premiums when covering homes that have new appliances, a house with a waterproof basement and structures that have been specifically built to withstand hurricanes or tornadoes. Moreover, some businesses will provide promotional prices for patrons who live in a geographical region with a large number of certified contractors and businesses that provide home improvement services.
By obtaining a free price estimate, a customer will be able to modify the settings of the policy in order to set an ideal price. Once the patron has received a quote, the business will likely send an expert to inspect the house within one week, and after the patron has signed the contract, the homeowner will be able to call the enterprise to request a repair at any time.