A home warranty (or Home Warranty Service Agreement as we call it) is a powerful budget-protecting tool for homeowners. Learn more about why a Home Warranty Service Agreement is a smart investment below.
Why a Home Warranty Service Agreement is important
A Home Warranty Service Agreement is an annual service contract that can provide coverage for things that homeowners insurance doesn’t.
For example, if your furnace or A/C were to break down from routine use, homeowners insurance wouldn’t cover it. Without a Home Warranty Service Agreement, you could be on the hook for the costs.
Average costs to address breakdowns
| Ave. repair cost^ | Ave. replacement cost† | With 2-10 HBW, as low as* | |
| Furnace | $425 | $3,755 | $85 |
| A/C unit | $425 | $3,315 | $85 |
| Water heater | $435 | $1,665 | $85 |
| Refrigerator | $340 | $1,370 | $85 |
^Based on estimated average retail cost of replacement and observed claims experiences of 2-10 HBW customers, 2019. Costs in your area may vary.
†National averages based on data collected in November 2021. Costs in your area may vary.
*Service Fee per approved claim. See Service Agreement for all coverage details, limitations, and exclusions.
With a Home Warranty Service Agreement, you could lower those costs to a smaller, more manageable Service Fee.
A Service Fee is a small, out-of-pocket expense you pay to your Service Contractor to diagnose the issue upon arrival.
How does a Home Warranty Service Agreement work?
Here’s a quick, five-step rundown of how a Home Warranty Service Agreement works.
1. Purchase coverage/set up account
2-10 Home Buyers Warranty (2-10 HBW) offers several plans. After purchase, you create an account. Your account lets you review coverage and update info, among other things
2. Request Service online when needed
When a Covered Item breaks down, you can request Service right from your account.
3. 2-10 HBW assigns contractor
We assign a contractor, and they work with you to set an appointment to diagnose the Failure.
4. 2-10 HBW reviews your coverage
We review the diagnosis, determine your coverage eligibility, and authorize a repair or replacement.
5. Enjoy home ownership
You get back to living.
Additional perks and benefits
On top of quality coverage, 2-10 HBW offers additional perks and benefits.
For instance, you can get big discounts on GE and Whirlpool brand appliances through 2-10 HBW’s Appliance Discount Program.
Another great perk is the Appliance Replacement Offer. If a covered appliance breaks down and is eligible for replacement, you have two options:
- Pay a Service Fee and have it replaced
- Use the Appliance Replacement Offer
The Appliance Replacement Offer lets you buy and install a new appliance on your own. Then, you can request reimbursement of up to $150 on your new appliance. Combined with the Appliance Discount Program, you get a real one-two punch toward savings.
Purchase your coverage today
Home ownership is expensive as it is. Don’t let breakdowns bust your budget. Purchase a Home Warranty Service Agreement from 2-10 HBW and let us bear the financial burden of breakdowns.
2-10 HBW offers the most comprehensive Home Warranty Service Agreements for homeowners. Let us help you protect your home.
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