Minnesota home warranty options
As a homeowner, you’ll find that many companies offer Minnesota residential warranty home protection. However, the plans and service from these companies vary, so it is important to understand the standard options and add-on coverage available to you.
Most home protection plans are packaged as three standard home warranty plans: appliances, systems and a combination plan, which is the most popular plan by far. The combination plan has the highest level of coverage for any home warranty policy and protects your home's systems and appliances.
While many warranty companies protect many of the same items, you still need to create a checklist to ensure your family’s needs are covered. Additionally, the details in your home protection plan, including maximum yearly payouts, can vary. Some companies only cover workmanship for a period of 30 days. If you are worried this may affect you, choose a home warranty policy from Cinch Home Services, which has a 180-day guarantee on workmanship.
Why are home protection plans especially important to have in Minnesota?
In the North Star state, a home protection plan can help your home sell faster and at a higher price. After a home inspection has been completed, the home protection plan can help give your prospective buyer additional comfort. The home warranty policy will cover the repair cost of the home's major appliances for a period of one year and can be renewed at any time by the buyer. Sometimes the homeowner will include a home warranty plan at no additional charge in the real estate transaction.
Since the lockdowns due to Coronavirus, finding a home contractor has become more difficult. And when you can find a contractor, the price has increased substantially due to heavy demand. A home warranty will alleviate both of these issues. With Cinch Home Services, we have over 15,000 licensed contractors in our network. When we send a repair expert to your home, you will only be liable for your service fee that you selected at signup.
Why do you need a home warranty in addition to home insurance in Minnesota?
Home insurance policies cover damage caused by catastrophic events, such as hail, wind, theft, fire and water damage. Many Minnesota homeowners insurance policies also include liability protection in the unfortunate case of guests being injured on their property.
Homeowners insurance won't cover damages to appliances or home system breakdowns unless it is the direct result of a specific event. For instance, if a tornado knocks down that tree in the backyard and it lands on your bedroom, your home insurance policy may cover the cost of replacing a damaged appliance in addition to any structural damage.
How does a home warranty protect you and save you money in Minnesota?
A home warranty policy protects your home against expensive repairs of your home's critical appliances and mechanical systems (such as your electrical, heating, cooling and plumbing).
Even if you purchased a new house, a home protection plan can save you money out of pocket. A manufacturer's warranty is a limited warranty that can last from six months up to a full year. After expiration of this warranty, your home warranty coverage can help you cover a home appliance or home system.
What is usually not covered by a home warranty in Minnesota?
Most major appliances and systems will be covered by your home warranty company, but pay attention to any exclusions or limitations of your specific warranty plan. Generally, a home warranty plan will cover your home systems or appliances, or it will put all covered items into a single combo plan.
- The following are items that are not covered by a standard Minnesota home warranty:
- Pre-existing conditions
- Sprinkler systems
- Pools and hot tubs
- Solar water heaters
- Using out-of-network service providers
- Garage doors and tracks
- Windows, walls and doors
- Leaky roofs
Review your home protection plan details to ensure you understand where you have coverage gaps and whether or not you have coverage from homeowners insurance. Your home warranty company's customer service should be able to easily answer any warranty coverage questions you may have.
What should you look for in a home warranty policy in Minnesota?
The best Minnesota home warranty companies will detail comprehensive coverage for major home systems and appliances, offer flexible warranty plan pricing and have impeccable customer service. No matter which Minnesota warranty provider you select, be sure to read through your service contract. If you think you will use the home warranty policy three or more times throughout the year, choose a lower deductible or service fee.
Unless you reach your maximum caps in the year, you can make as many home service claims as you need for items covered in your home warranty plan.
How do you file a claim against your home warranty in Minnesota?
Your home service contract will detail how to file a warranty service request. This may vary by warranty company.
Cinch Home Services offers a variety of coverage plans for Minnesota homeowners that can be adjusted to meet your budget and needs. Our customer service team will happily answer any questions you have about your personal coverage needs.
Discover the Cinch difference. Choose a plan and start protecting your home today!