AC Repair for Cabins

A home warranty is a service contract that pays the cost of repair or replacement of covered items such as major kitchen appliances, as well as electrical, plumbing, heating and air conditioning systems.   Depending on why the service is needed, home warranty plans can overlap with homeowner’s insurance coverage.   For instance, if your home suffers a lightning strike which damages your electrical systems or appliances, generally this would also be covered under your homeowner’s insurance policy.   However, there is always the dreaded homeowner’s deductible PER OCCURRENCE that must be met before homeowner’s insurance starts paying.   It’s not uncommon for that deductible to be $1000 per occurrence.

But home warranty plans also come with a significant cost.   There is typically an annual fee of $350 to $650 which may, on some plans, be paid monthly.   There is also a service fee ranging from $50 to $125 that is required every time a technician is called to come out for service.  So is a Home Warranty worth the cost? Home warranties do provide coverage of age-related appliance and system issues that your Homeowner’s Insurance policy is not going to touch.   But be aware also that some home warranty plans also have caps on the amount they will pay for a specific repair or replacement event.   Furthermore, most plans limit the contractors that you can utilize which presents problems in rural areas such as our north Georgia mountains.   And some of your most trouble-some appliances, such as the darn hot tub, are not likely to be covered at all.

According to Home Advisor (https://www.homeadvisor.com/), here are the average national costs to replace some major home systems:

Central Air Conditioning:  $5467

Furnace:  $4286

Water Heater:  Tank–$889 (40 to 50 gallon); Tankless–$3000

Appliance repair: $170 average

More than one consumer organization says that Home Warranties are not worth the cost including Consumer’s Checkbook which has won the National Press Club’s First Place Award for Excellence in Consumer Journalism.   Consumer’s Checkbook says that “instead of buying one of these policies, you’ll do better to place that money into a home-repair fund.”

However, there are times when a Home Warranty might make sense.   If you are buying a used home with some issues identified during the home inspection process, it might make sense to buy a Home Warranty until all the issues have been fixed.   If you know that your HVAC system is on its last legs, it might make sense to invest in a warranty.   Also, if you are putting your home on the market, realtors argue that homes with warranties sell quicker and generally bring a higher price.

At Cabin-Keeper, we can help you decide if a Home Warranty is worth the cost and a good investment for your property.  And just like that potential home warranty, our purpose is to give you the peace of mind knowing that we’re there to handle property management issues no matter the severity.   We know the best service people and the reputable places to buy new appliances or systems here in the Georgia mountains.   We also utilize resources such as Consumer Reports All Access to ensure you are buying the best product or system money can buy.   Contact us today!