9. It is unbelievable—the vast majority. About 12% of the extended warranty or the home warranty or the electronics warranty is actually the risk that you’re taking. In other words, the cost of the average item breaking down within the warranty period usually runs about 12%. The rest of what you’re paying is profit, commissions, overhead and marketing costs. I would rather just take the chance.
home warranty insurance plans
Homeowners also benefit from the peace of mind offered by a home warranty. You can feel confident about your home’s systems and appliances, as you won’t need to worry about them if they happen to break down or need replacement. Choice Home Warranty’s service contracts provide complete solutions for homeowners. That means whether your appliance or system requires repair or replacement, it will be taken care of. Choice Home Warranty’s local technicians are experts at diagnosing problems with systems and appliances. If they determine your equipment requires replacement, your new appliance or system will be covered for the same low service call fee as you would with a repair service.