Is HVAC Covered Under a Home Warranty?
A home warranty can cover the cost of HVAC repairs, but it is important to check the terms before purchasing one. This way, you can avoid unexpected bills for repairs that aren’t covered by the manufacturer. You should also make sure that the company offering the home warranty covers the HVAC company’s workmanship.
Most home warranty plans cover age-related wear and tear, but not the cost of replacing a component. These policies also assume basic maintenance has been performed on appliances and systems. Therefore, failures caused by neglect may not be covered. If you suspect that your system is not covered, make sure to keep receipts of basic maintenance. A home warranty will cover the repair cost within the limits specified in the policy. Read more.
The best HVAC home warranty companies have flexible plans to meet your needs. American Home Shield, for example, offers three plans: a systems plan, a home warranty that covers appliances and HVAC, and a catch-all combo plan that covers everything. Their Platinum plan includes coverage for geothermal components, wall air conditioners, and room heaters. Unlike most other plans, American Home Shield’s Platinum plan also includes cable heat, a free pre-season tune-up, and unlimited A/C refrigerant.
Another disadvantage of a home warranty is that the warranty company dictates the contractors it hires. They often contract with newer, less experienced technicians. They also pay lower labor rates than the market average. This means that you won’t get the HVAC contractor of your choice, and you won’t be able to get an experienced technician to perform the repair. However, a home warranty does have its advantages and disadvantages, and it is worth checking into them.
A home warranty usually covers many different types of HVAC systems, including ductwork, and plumbing. Plumbing and electrical repairs are usually covered, too, but they aren’t covered if a weather system causes flooding. While a home warranty won’t cover flood damage, it might cover damage to your home in case of a storm. This means that you may need to purchase flood insurance separately.
A home warranty also covers normal wear and tear and will pay for the replacement of major systems or appliances in your home. The HVAC system is a major part of a home, and it is therefore expensive to replace it. A home warranty will cover the deductible and repair costs as well. The coverage is typically higher than homeowners insurance, but the coverage can be worth the money. The warranty can help you avoid spending thousands of dollars on costly HVAC repair bills.
While there are many benefits to a home warranty for HVAC, one important downside is that it doesn’t cover repairs that don’t fall under the normal wear and tear clause. Home warranty companies are not perfect, however, and some home warranty companies offer limited coverage and add-on warranties. This can be a huge benefit when you need to have it fixed. However, it’s worth considering the annual cost of a basic home warranty before purchasing one.
Another important factor to consider when buying a warranty is whether it covers ductwork. It’s important to read the fine print of the warranty before signing it, because ductwork is essential to the efficiency of an HVAC system. Without ductwork, it is impossible to use a furnace or air conditioner. Depending on the policy, ductwork repair may require opening up the walls in your home. In that case, some warranties will not cover the costs of restoring the walls to their original state.