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Home Business

How Homeowners Can Save Themselves From Expensive Home Repair Costs

by msz991
July 3, 2023
in Business
4 min read
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Home repair cost keeps rising, and this isn’t ending anytime soon. As global inflation surges at record highs, prices of goods and services related to home repairs also keep rising. As such, homeowners must adopt the best measures and practices to save themselves from expensive future home repair work.  Proactive and preventive home maintenance projects and investing in home warranties are among the proven ways to avoid costly repairs. We will delve into some home maintenance projects that can save you from costly repairs. Before that, let’s look at how a home warranty can save you from expensive repair costs.

Table of Contents

    • Home warranty
  • What a home warranty covers
    • How to claim a home warranty
  • Maintenance projects that can prevent expensive repairs 
    • Regular home inspections
    •  HVAC maintenance 
    • Take care of the drainage system
    • Plumbing system
    • Electrical system
  • Conclusion 

Home warranty

A home warranty protects home homeowners from expensive repair costs when any covered appliances or systems break down. It is a service contract between a homeowner and a warranty company and can cover several appliances depending on the type of warranty plan you have. Most home warranty companies have different types of policies for different purposes. The type of warranty also determines your charges. 

Homeowners can sign up for a systems plan, appliances plan, or a combination plan. Under these plans, there can be policies like basic, intermediate, and premium subscriptions. The basic plan may cover a few systems or appliances and is affordable. On the other hand, a premium plan can cover many appliances and systems and can be expensive. 

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What a home warranty covers

One of the most asked questions about home warranties is, do home warranties cover plumbing? Yes, a home warranty can cover your plumbing system. Cinch Home Services can provide covers for your plumbing equipment like water heaters, drain lines, tubs, toilets, etc. It all depends on the type of warranty you have. Your HVAC system, dishwasher, air-conditioner, refrigerator, electrical system, dryer, etc., can all be covered by a home warranty. Just purchase a warranty package that meets your needs. 

How to claim a home warranty

When a covered appliance or system breaks down, all you need is to file a claim. You don’t need to hire anyone third-party technician to check on the fault, as it can affect your warranty claim. All warranty companies have service companies they work with. Once you file a claim, the company will send a technician to diagnose the situation. When the said fault and components are covered, you can have the appliances or system repaired or replaced. 

Maintenance projects that can prevent expensive repairs 

Regular home inspections

A regular home inspection is the best way to detect looming problems early and prevent them before they turn into something major. Homeowners need to conduct regular inspections on all home installations, appliances, and systems. You should always look out for major changes taking place in your home. Inspect the plumbing system for leaks, and look out for pest infection and structural damages. Don’t forget the roofing system and lawns.

 HVAC maintenance 

The HVAC system is one of the most valued systems in every home, and a breakdown can surely cost you a fortune. It is, therefore, proper to always follow the manufacturer’s maintenance guide. Keep the system in a well-ventilated area, clean it regularly, change filters when needed, and call in a technician to check it up. Doing this will extend the lifespan of the HVAC as the risk of breakdown will reduce and make it energy efficient. It will also save your pocket from expensive repairs. 

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Take care of the drainage system

You need to properly maintain the drainage system to keep wastewater flowing. First, you should have enough drainage in place to avoid overflooding in case of a heavy downpour or heavy water flow. You need to clean the gutters regularly, and in case you are using pipes, check for leaks. Always pay critical attention to the drainage system around your foundation, as any leak and water pooling can cause foundation problems. 

Plumbing system

The plumbing system is one of the most complex systems in a home, and any defect can be devastating. Always check for leaks in pipes and other plumbing fixtures like the faucets. If any leak is detected, repair it immediately before it turns into any major problem. In addition, pipes shouldn’t be exposed to the weather, as extreme weather conditions can lead to bursts.

Electrical system

Regularly check your electrical system (wiring, component, fixtures) for signs of wear and tear. Don’t try to fix things yourself when you notice damages or breakdowns in your electrical system. Instead, call in a technician to properly diagnose the faults. You will also need to install surge protectors to protect your home appliances and systems from damage related to power surges. 

Conclusion 

Don’t wait until your home deteriorates before spending huge sums of money on repairs. Instead, adopt preventive measures by properly and regularly maintaining home components, appliances, and systems. Regularly inspect your home, and pay attention to your drainage, plumbing, and HVAC system. Also, protect all your high-value equipment with a home warranty to save you from expensive repairs.

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