Home Warranty Cost – How Much Should You Pay for Home Warranty Insurance?

So how much does a home warranty cost? That is a question that so many prospective home buyers are faced with when they are considering all of the options that are on their plate while searching for a new home. Coming to terms with having to pay for home warranty insurance could save you hundreds or even thousands of dollars, but they are just not the best decision for everybody and that is where I hope to give you a few pointers.
Appliance repair plans, as this type of service is also called, can range in price from a few hundred to several hundred dollars. It all depends on what type of plan that you need to make sure that all of your appliances and systems are properly covered.
What’s not covered by this type of policy?
In most cases, things like neglect and lack of maintenance are simply not covered. For example, if you have an aging air handler for you HVAC system that has never been serviced, this could be cause for claim denial.
Basically you can purchase a policy that will cover most of your major systems like plumbing, electrical and HVAC system for a few hundred dollars. And likewise, if you only want your major appliances covered like your range, oven and microwave, then that should cost you a few hundred dollars also.
Most first time home buyers are looking for a comprehensive plan that will cover most everything that could cause them problems until they are comfortable in their new home. This type of coverage varies from company to company so you should check with each individual firm to read up on their options. Comprehensive home warranties will cost you from a range of $400 to $600 dollars.

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