Do I Need a Home Warranty?
We know what you're thinking. 'Home Warranty? What a racket!'
There are, indeed, thousands of consumer complaints filed against home warranty providers each year. However, the concept of a home warranty as a whole, is a great one! It's not necessary for every homeowner, but for those who don't have the ability, means, nor time to fix things when they go wrong, it can be well worth the money. The trick is to find a reputable, honest provider who offers good coverage options without fine print disqualifying your claim at every turn. But where do you even begin? Lucky for us, our friends at Reviews.com have done a ton of research and put together a list of what they deem the best warranty providers.
"We surveyed realtors and general contractors, compiled a list of more than 60 providers, evaluated the coverage options of every one of their plans, went through the quote process of more than 20 of our top contenders, spent 5 hours on the phone with sales reps, and read a whole lot of fine print. In the end, we found that home warranties are a good idea for prospective home buyers and sellers who want reassurance on their new investment, for homeowners with appliances that may need to be repaired (but not replaced), and for homeowners with multiple properties..."
Their team put in over 100 hours of research and then cut out any home warranty companies which:
- Focus only on particular appliances or systems
- Aren't available nationwide
- Are primarily affiliates
- Had poor reputations, coverage options, and/or quote processes
After their eliminations, they came up with their pick of the 4 best home warranty companies. Check out their full article and top picks HERE!