Staying in your home as you age doesn’t have to be intimidating or worrisome when you take the steps to make sure any help you might need is covered. Realtor Mark Hite of Keller Williams shares how something as simple as a home warranty can ensure you’re living the life you want without the worry.
“As we age, there’s some things that are just a big liability on our homes,” he explained. “From repairs that need to be made on heating and air units to unexpected expenses that you may not have planned on major appliances or systems, a warranty can cover the services you need.”
Hite went on to say that when home owners purchase a home warranty, they can address things like leaking water heaters, failures of systems including plumbing and electrical and have writers added to help with other day-to-day or month-to-month expenses like managing a pool all for an annual or monthly payment.
“All you have to do from that point is call on the warranty, and a licensed contractor or electrician or whatever you need is sent out to begin the work for you,” Hite said, nothing that deductibles on most plans range from $75-$100.
Reasons for home warranties are many from covering the lifespan of major appliances to insurance on home systems like heating and air or plumbing. For many seniors, it may have been 20 or more years since they’ve had a provider like a plumber out to their home, so it’s nice to have a warranty from a company that get a qualified, licensed professional out to you with one phone call.