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Should I Extend My Home Warranty?

Should I extend my home warranty? | SHW Blog

Your home warranty offers protection not only when you need it, but also around the clock.

The decision to extend a home warranty is sometimes taken for granted. You might wonder, based on my experience this year, is it worth extending?

If you’re unsure about extending your home warranty, it might come down to your expenses. Whether you’re close to the holidays and prioritizing a budget or preparing for a vacation, a home warranty can sometimes feel like a low priority. In many cases, a home warranty is worth it.

In reality, a home warranty offers you home coverage year-round. You may experience a broken refrigerator at one point during the year, but you also had peace of mind throughout the year. With a home warranty, an emergency won’t set your finances back.

Why Extend a Home Warranty?

Extending your home warranty, depending on how long your home warranty lasts, means renewing your agreement, usually an annual agreement paid monthly.

All homeowners who received a home warranty through buying their homes will have to choose to extend the home warranty, too.

Call us at 860-288-4791 if you have any questions about your coverage.

Learn why to extend or renew your home warranty to save money and reduce the chaos in your home. | SHW Blog

What Does a Home Warranty Mean?

When we invest in our families and in our homes, we often dwell on long-term challenges that are out of our control.

Home warranties mean being able to call on your provider for a repair or replacement when you experience an appliance or system breakdown. The value of a home warranty comes down to this: How much is “peace of mind” worth?

With a home warranty, you won’t have to worry about whether the oven will act up before Thanksgiving dinner. In fact, every day will have the same level of protection as on your worst days. No matter how hectic life gets, a home system or appliance breakdown won’t force you to put your life on pause.

Select Home Warranty is here to shield your home and your wallet from costly sudden repairs.

How to Decide on Renewing a Home Warranty: 3 Questions to Ask

1. Should I extend my home warranty if it only came with my new house?

Many homeowners have a home warranty from buying their home. Home warranties are perfect for transitioning between two owners.

In the case of a breakdown, there won’t be any dispute about who should cover it — the previous owner for not warning about the problem, or the current owner who is now in possession. If you extend a home warranty on your home, you’re covering your appliances and systems against another year of risk.

2. Should I extend my home warranty if I didn’t use it?

If you didn’t use your home warranty this year, extending your home warranty could mean counting on coverage when you need it down the line.

As your appliances and systems grow older, you are more likely to need a home warranty. Even when appliances seem to be in good condition, a mechanical mishap often happens without warning.

3. Should I change my home warranty plan before I renew?

Not all home warranty plans are created equal. Coverage depends on the plans you sign up for.

Major home systems and home appliances are typically covered, which is the case with Select Home Warranty’s Platinum Care Plan. You might want to upgrade to this all-inclusive plan, or you might want to add-on with optional coverage. Optional coverage includes pools, wells, garage doors, second refrigerators, lawn sprinklers, and much more. If you’ve made improvements to your home over the course of the year, you should take a second look at your home warranty to see if you can gain coverage on those areas.

If you’re still unsure if you’d like a home warranty, you can receive a FREE quote today to compare our coverage against others. Call us now: 860-288-4791