How Much Does A Home Warranty Cost?
Understanding the cost of a home warranty is essential for homeowners looking to protect their major systems and appliances from unexpected breakdowns. A home warranty can provide peace of mind...
Home Warranty
Average Cost: $27 - $85
Home warranty companies provide coverage for appliances and home systems. 2-10 Home Buyers Warranty offers numerous options for homeowners, from kitchen-only packages to whole-house coverage. Expect to pay between $27 and $85 or so per month, depending upon the package and add-ons chosen.
Buying a home is a significant investment, and a home warranty helps protect that investment by covering the cost of repairs or replacements for major appliances and systems. 2-10 Home Buyers Warranty has been in business for over 40 years, providing coverage for over 6 million homes. The company offers comprehensive protection for heating and cooling systems, electrical and plumbing components, water heaters, and essential home appliances.
2-10 Home Buyers Warranty offers homeowners protection plans that cover essential systems and appliances. While the company provides several benefits, there are also some drawbacks to consider. When considering 2-10 Home Buyers Warranty, it’s essential to thoroughly review the terms and conditions to ensure the coverage aligns with your specific needs and expectations.
Homeowners who want to ensure their investment is protected can look to home warranty companies to ensure they don’t have to pay outrageous amounts out of pocket to fix systems and appliances. Here’s what 2-10 Home Buyers Warranty offers.
With more than 6,000 authorized independent contractors across the country, there is certainly someone in your local area who can respond to the call as soon as possible. Homeowners can access the online portal that allows them to view the progress of their claims, request new service, or even renew their agreement for another year of coverage.
2-10 Home Buyers Warranty is home to many different packages. Here are a few examples:
In addition to the home systems and appliances that are covered by 2-10 Home Buyers Warranty, homeowners can choose upgrades that suit their unique living situation. These include:
The current rates for 2-10 Home Buyers Warranty begin at $27 per month for the Simply Kitchen plan and increases depending on coverage and selected add-ons. The actual quote depends upon your home needs and the upgrade you choose, but most customers find that their costs fall between $60 and $85 per month. In addition to the cost of the plan itself, the service call fees range from $85 to $125.
The maximum liability the company allows is $25,000 per term. That means that the company will pay out a total of $2,500 but there are limits on how much they will pay per incident or per item. Here’s a brief rundown of the maximum benefit offered for each appliance or system.
It’s important to note that 2-10 Home Buyers Warranty only covers system failures due to normal wear and tear. It does not cover pre-existing conditions, improper maintenance, or damage from natural disasters. Hazardous materials, such as lead paint and asbestos, are excluded from all policies.
What leads to the bottom line to fix your appliance or home system? These are a few of the factors in what you will pay.
Why would you choose to invest in 2-10 Home Buyers Warranty? What benefits will you see when you do sign that contract? Here are a few.
There are many warranty companies vying for your business. Here are some of the strongest competitors for 2-10 Home Buyers Warranty.
Select Home Warranty offers lower service fees than 2-10, and roof leak coverage is included in its standard plans, whereas 2-10 charges extra for this coverage. However, 2-10 offers higher coverage limits for HVAC systems and appliances, making it a better choice for homeowners needing extensive repairs.
AFC Home Club stands out by allowing homeowners to choose their own contractor, a feature that 2-10 does not offer. Additionally, AFC provides extra perks like identity theft protection and retail discounts, while 2-10 focuses more on core home warranty services.
American Home Shield (AHS) provides more comprehensive coverage, including protection for improper installations and pre-existing issues, which 2-10 does not cover. However, 2-10 offers lower-priced plans, making it a more affordable option for budget-conscious homeowners.
2-10 Home Buyers Warranty offers solid coverage at competitive pricing, making it a great option for homeowners looking for affordable protection on home systems and appliances. However, before signing up, it’s essential to review plan details to ensure your home’s specific needs are covered.
If you value a wide contractor network, flexible service fee options, and additional perks like appliance discounts, 2-10 Home Buyers Warranty could be the right fit for you. However, if choosing your own contractor or coverage for pre-existing conditions is a priority, you may want to compare it with competitors like AFC Home Club or American Home Shield.
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