5 Reasons to Get a Home Warranty for Your Washer and Dryer

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Home warranties provide financial protection against expensive unforeseen repair costs. They cover both parts and labor to repair or replace appliances and systems that break down from normal use.

However, homeowners should note that a home warranty is different from homeowner’s insurance and shouldn’t be used as a substitute for it.

1. You’ll Have Peace of Mind

In addition to financial protection, home warranties provide peace of mind. A clear contract, streamlined service process and comprehensive coverage help homeowners to feel confident they’ll be covered should something unexpected happen to their home appliances or systems.

However, it’s important to remember that home warranty plans don’t cover items like cosmetic damage. Dings and dents that can’t be fixed aren’t covered under most home warranty contracts, but may be covered by homeowner’s insurance.

Getting a home warranty is highly recommended for new homeowners, buyers who are buying an older home or homeowners who want to take the stress out of paying for surprise repairs. Ultimately, it helps to avoid butchering your piggy bank and can more than pay for itself in the long run.

2. You’ll Save Money

When major appliances and systems break down, they can cost thousands of dollars to repair or replace. Depending on the plan you choose, home warranties can help you save money by paying small service fees instead of big repair bills.

You’ll have access to a team of vetted professionals ready to handle your repairs. This can save you money versus trying to watch tutorial videos online or hiring a repairman yourself.

3. You’ll Have a Safety Net

A home warranty is a safety net that helps limit how much money you have to pay out of pocket for repairs and replacements of appliances and systems in your home. It’s important to choose a reputable home warranty company with a clear contract that makes it easy to understand the terms, conditions and clauses. A home warranty should not replace homeowners insurance, however. Homeowners insurance should cover things like fire or weather damage to systems and appliances.

Purchasing a home warranty from a reputable company can help you save time and money on a number of repair and replacement costs, including the washer and dryer. It can also give you peace of mind. For many, a home warranty is worth it.

4. You’ll Save Time

Home warranties are a way to save homeowners money. For example, a warranty company might only allow you to choose contractors from a limited list—which can make it difficult or impossible for you to get repairs done quickly.

A home warranty typically covers repair costs for specific home systems and appliances if they break down from regular use. For those who don’t want to drain their emergency fund on unexpected home repairs, a home warranty can be worth the cost. But, be sure to check out what’s covered by the plan you’re considering before signing up. This will help you determine whether it’s a good fit for your household needs. Getting a home warranty could end up saving you a lot of time in the long run!

5. You’ll Have Peace of Mind

Buying a home is an expensive investment, and homeowners insurance doesn’t cover all of your appliances. Fortunately, you can limit the amount of money that you’re likely to spend on unexpected repair or replacement costs by getting home appliance protection for your washer and dryer.

Home warranties are especially important for new homebuyers, who are unfamiliar with the history of the systems and appliances in their home, as well as existing homeowners whose appliances are approaching their expected lifespan. Home warranties also offer peace of mind to sellers who want to make their homes more appealing to potential buyers. With a plan that’s curated for your specific needs, you can be sure you’re only paying for coverage that benefits you.