How to compare home warranty companies the right way
Choosing the right home warranty company for you doesn’t have to be difficult. We’ve put together a guide to help you compare home warranty companies. Use this guide to compare home warranty companies properly and find the protection you need at a price you’re comfortable with.
1. See whether the home warranty company offers coverage in your state
Nothing’s more disappointing than finding exactly what you’re looking for but learning that it’s not available in your state. The first thing you should do as you research home warranty companies is check to make sure that they offer coverage in your state.
Fortunately, 2-10 Home Buyers Warranty (2-10 HBW) offers home warranty coverage for home systems and appliances in many states. And we make it easy to find out whether you can get coverage. All you have to do is enter some information about your location on our get a quote page. We’ll be able to determine whether you’re eligible right away!
2. Outline the kind of coverage you think you might need
This is often the most challenging part of finding a home warranty company. Most reputable home warranty companies will tell you they cover all kinds of home systems and home appliances. But what does that even mean?
In general, a home system includes things like your electrical system, plumbing system, water heater, and HVAC system (heating, ventilation, and air conditioning). These systems tend to be tucked away and fairly complex.
A home appliance includes major appliances like your refrigerator, oven, and dishwasher, rather than smaller appliances like blenders, coffee grinders, and mixers. These are more obvious than systems, but you use both every day.
Many people want as much coverage for their systems and appliances as possible. Others only want coverage for their systems or appliances. How do you know what you need?
A good way is to compare the time and effort it would take you to address a breakdown yourself. For example, how does the thought of your air conditioner breaking down in the summer make you feel? How about the thought of a major appliance like your refrigerator breaking down for no obvious reason?
Between figuring out what’s wrong and the right person to call, addressing this issue on your own can be a major headache.
With coverage from 2-10 HBW, you can cut through the hassle with just a click or call. Because when a covered appliance or system breaks down, we dispatch the appropriate independent contractor for your issue. You’ll often pay just a small Service Fee for the repair or replacement (usually less than $100), instead of the hundreds or thousands of dollars you’d pay up front without coverage.
3. Double-check the company’s limits and exclusions
For homeowners, one of the most frustrating parts of finding a home warranty company is understanding limits and exclusions. Every single home warranty company has limits and exclusions on coverage. It’s important that you understand them clearly. (If you want a deeper dive into why, read our article about home warranty limits.)
In short, these limits exist to allow home warranty companies to address the most common kinds of breakdowns for the greatest number of homeowners. And fortunately, most homeowners rarely hit their limits.
To save yourself the frustration of finding out that a system or appliance breakdown isn’t covered, it’s important that you understand your home warranty company’s limits and exclusions.
That’s why 2-10 HBW provides limits and exclusions up front and clearly in your Service Agreement. That way, you know whether you’re covered before you buy and throughout your coverage period. Additionally, we offer several options that can increase your limits or make certain excluded components (e.g., certain plumbing fixtures) included in coverage!
4. Make sure the company uses licensed and insured contractors
All reputable home warranty companies used licensed and insured contractors. Frankly, if a home warranty company doesn’t used licensed and insured contractors, it’s an easy way to eliminate them from consideration.
Licensed and insured contractors know how to get the work done right. And if things do go wrong, they have a solution that doesn’t transfer the responsibility to you. Regardless of which home warranty company you choose, make sure that their technicians are licensed and insured.
2-10 HBW only used licensed and insured service contractors. It’s the right thing to do because it helps protect you.
5. Get a quote from home warranty companies
After you’ve done all the above research is the time to finally start price shopping. But why not start here and figure out the rest later? Isn’t that what most people do?
The reason we recommend researching the above points first is simple. If you start by getting a quote and seeing a price you really like, you may be tempted to purchase it right away. But that price may not provide the coverage you want. Or it may have limits and exclusions that don’t align with your needs.
2-10 HBW always works to provide the best coverage for your needs at a price that fits your budget. Whether you just want coverage on your appliances, coverage for everything possible, or something in between, we can help you find a home warranty plan that suits you.
2-10 HBW offers the most comprehensive home warranty coverage for homeowners. Let us help you protect your home.