This is a good faith estimate based on some assumptions. The actual numbers may vary
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Skeptical about home warranty? It is not uncommon that homeowners often wonder whether home warranty is more profitable than the actual repair expenses. That’s why HomeWarrantyReviews.Com came up with this cool new tool that helps homeowners estimate home maintenance costs with and without home warranty.
For those of you who are contemplating the purchase of a home warranty plan, you may need this tool more than other homeowners. As you know, a lot of factors need consideration before you decide whether or not to purchase an appliance warranty. If you try to do it yourself, you may miss some of them. Hence, the need for the home maintenance calculator tool.
We at HomeWarrantyReviews.com take into account all the factors that need consideration and help you arrive at a conclusion about whether or not you need home warranty.
How to use the Home Maintenance Calculator?
As you can see, there are seven factors that are taken into account while deciding your need for a home service contract. Primary factors are age of your home, potential no. of repairs in a year and age of major household appliances like HVAC unit, washers and dryers etc.
To get an accurate estimate, move the marker to an appropriate value on the scale for every parameter. The graph on the right side will then indicate the difference in home maintenance expenses with and without a home warranty.
Accessing the results
If the chart shows that the cost of home maintenance is higher when there is no home warranty in place, it means that you should purchase a home warranty. However, you must do adequate research before you sign a contract with a warranty company.
Not every company has a high reputation. We suggest that you go through our ratings and user reviews before you shortlist warranty providers. It will also help you immensely if you read guides on how to purchase home warranty and what is covered and not covered under appliance warranty.
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