Did you know that new homes can have warranty options? When you buy a new home, you want to make sure that everything is solid and in working order when you move in. Not all home builders offer any type of warranty, but at Tollberg Homes, we offer several options for warranty coverage.
Of course, we take great care during the lot selection and home building process to make sure that the foundation is solid. But in the event that something goes awry with the buildout, know that there are warranty options that your Tollberg Homes representative can share with you.
At Tollberg Homes, we stand behind our new home construction with several home warranty options. The primary items covered can be found on our website here: https://www.tollberghomes.com/warranty.html
Beyond the home build, many homeowners like to put a warranty on appliances and systems in the home, so having a home warranty is a great way that you can protect yourself financially against having to pay for repairs if any of these should fail you. Since new appliances and equipment usually come with warranties from the manufacturer, it’s not usually worth it to get a home warranty if most of your appliances are newer.
Here are some things that you need to know about home warranties:
For most home warranties, the annual premium is between $500 and $1000, so if you don’t think that you’re going to regularly need repairs on your appliances, it may not be worth it for you, and you may do better hiring someone on your own when problems do arise. That said, if you’re okay with $25-40 per month, many home warranty companies will allow monthly premium payments.
Deductibles or “co-pays” for repairs done under a home warranty are generally between $50 and $100. When choosing whether or not to get a home warranty, you will have to be sure that your appliances are worth enough that this will be worth it.
Many home warranties will not only cover the repair of an appliance or system, but will also completely replace it if it’s not worth fixing. This is where having a home warranty for big house systems like heating and cooling can be a huge advantage as these replacements are often extremely costly.
One of the biggest advantages of having a home warranty is that you don’t have to go shopping for someone to fix or replace your broken appliance. Instead, the insurance company will send someone out as soon as you’ve paid the deductible, so it’s a lot easier on you.
Another advantage of putting your home under warranty is that if you are selling your home, this adds a lot of value to it since everything in the home is protected financially. Many buyers see home warranties as a huge selling point.
Here are some more things to keep in mind when looking for a home appliance warranty company:
Every company is different, so be sure to evaluate your needs before you start looking around. Many companies do not cover pre-existing damage on appliances or systems from normal wear and tear or from a lack of proper maintenance. If you need these covered, then be sure to look for a company that will allow you to cover these appliances with pre-existing wear and tear.
Always look at company reviews before you get too far. Reviews from real users can help you see how quickly the company handles claims and how often claims are denied. Be sure to always take reviews with a grain of salt because people are more likely to post one when they’re unhappy so satisfied customers may not be well-represented, but these will still give you some insight into how they work.
Another thing to look for in reviews is how often the insurance company is willing to replace a damaged appliance. Some will continue doing repairs even when it’s become clear that the appliance needs to be replaced. If you can find out in advance that a company does replace the appliance or system when necessary, that fact alone should make your decision process much easier.
Feel free to contact us at Tollberg Homes to discuss our new home construction warranty options, as well as appliance warranties to consider.