Which is the best home warranty company in Maryland?
Maryland is one of the more expensive states to live in the U.S. The homes have a median value of $326,727, which is fairly above average. If you own a home in Maryland and don’t have a monthly budget for expensive repairs, then a home warranty plan is right for you. With several home warranty companies in Maryland, choosing the best fit for your home can be challenging. In this article, we have listed the best home warranty companies in Maryland for you to choose from.
What does a home warranty plan cover?
A home warranty plan covers appliances & systems and protects homeowners from expensive repairs or replacements costs. A basic warranty plan includes major appliances such as refrigerator, dishwasher, dryer, etc. and systems such as air conditioning, garbage disposal, heating & electrical systems, etc. Some home warranty companies in Maryland give their customers an option to cover additional items like pool/spa, septic pump, and many more. Note that home warranties in Maryland do not cover structural damage due to fire break-ins, lighting, etc.
Factors to consider before purchasing a home warranty in Maryland
Looking forward to buying a home warranty and protecting your investment? Good idea! But there are several aspects that you must consider before purchasing a home warranty. These include:
- What is the age of your home?
- What is your budget?
- Can your home systems work smoothly in extreme weather conditions?
- Is your home located near the coast?
- What appliances and systems do you want to cover?
- Are home warranty companies regulated in Maryland
- What appliances & systems are already covered by a manufacturer’s warranty?
- Do your home appliances and systems have any pre-existing conditions?
- For what duration you want to protect your home?
Best home warranties in Maryland
If you wish to protect your old or new home, selecting the right home warranty company in Maryland is easier said than done, especially when you don’t know where to begin. There are several factors you should consider before choosing a company. These include transparency, reputation, warranty plans, and, most importantly, customer reviews. As per the customer reviews, some of the top home warranty companies in Maryland are:
1. American Home Shield
American Home Shield (AHS) is a leading home warranty provider in Maryland. With 45+ years of industry experience, the company has protected several thousands of homes in Maryland. They have a vast network of licensed and local contractors and provide 24/7 customer support.
2. Select Home Warranty
Select Home Warranty is a #1 home warranty company in Maryland. Being well-equipped with dedicated professionals, the company aims at delivering unmatched warranty plans to their customers at affordable prices.
3. The Home Service Club
The Home Service Club is a popular home warranty company in Maryland that aims to protect customers from expensive repairs or replacements costs. The company not only caters to the needs of homeowners’ but also the real estate professionals.
4. ServicePlus Home Warranty
Committed to customer satisfaction, ServicePlus Home Warranty is a top home warranty company in Maryland. They include local pre-screened professionals who offer niche services to their customers.
Who can buy a home warranty in Maryland?
Anyone can buy a home warranty plan regardless of whether you are living in an older home, rental property, or a new home. If you are moving to an older home, check if the seller has a warranty plan. If the home is already protected, you need not buy a new home warranty plan. Instead, you can ask the seller to transfer the warranty to your name.
How much do Maryland home warranty plans cost?
Home warranty plans prices vary with providers. The average cost of a home warranty ranges from $350 to $600 per year. If you want to cover additional items, you may have to pay an additional $100 to $500 annually. In addition, you need to pay service call fees ranging from $50 to $100, and deductibles depending on your warranty plan.
Some home warranties in Maryland offer customized plans to their customers. The price of the tailor-made plans depends on the number of appliances and systems covered.
Why does a home warranty plan matter in Maryland?
Maryland has extreme weather conditions. Homes require air conditioning systems in summers and water heaters & furnaces in winter. Due to their continuous usage, the higher are the chances of an appliance or system breaking down. With a home warranty plan, you need not worry about their repairs or replacements costs.
Another major reason for buying a home warranty in Maryland is the proximity of the coastal line. The frequent occurrence of hurricanes, tropical cyclones, etc. may place a burden on your cooling, electrical, and plumbing systems.
Home warranty plans are worth it if you invest in the right plan. Before signing the contract, make sure to read the fine print to know what the company covers and their terms & conditions.