Why are home warranty companies in Florida so popular among homeowners and real estate agents? The Florida housing market is considered one of the best places to make a long-term real estate investment. Florida’s climate attracts more and more people wanting to spend their golden years in this beautiful state.
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For many home warranty companies, Florida provides thriving conditions. The population in Florida is growing fast, with more than 20 million people living in the state in 2016. According to the Census Bureau, Florida is the seventh fastest-growing state in the US. The majority of the population lives in the cities and suburbs of Jacksonville, Miami, Tampa, Orlando, and St. Petersburg.
More than 6 million people live in the Miami metropolitan area alone. In the Tampa Bay area, there are over 3 million, and the Orlando area is third in the state with almost 2.5 million residents. Home warranty companies in Jacksonville, Florida, and other cities have been serving their customers and keeping them happy for over thirty years.
Almost 70% of Florida citizens prefer to live in single-family houses, and about 65% own their homes. Many homeowners take good care of their dwellings, but as the homes get older, they need better maintenance. The median age of houses in this state is about 12 years, which means that a home warranty is a must have.
Who Needs a Home Warranty in Florida?
A home warranty in Florida is a common way for homeowners to save money on house repairs. For about a dollar a day, you can get basic coverage from reputable companies such as Choice Home Warranty. It will include the electrical and heating system, water heater, plumbing stoppage, a number of kitchen appliances, and a whirlpool bathtub.
In case you prefer to cover your appliances only, Select Home Warranty has the Bronze Plan that includes washer and dryer, refrigerator, oven, dishwasher and built-in microwave. In addition, a plan for systems-only that covers all major home systems, and a combination plan for both systems and appliances are also available.
Some home warranty companies, such as Home Security of America, offer coverage not only to homeowners or homebuyers but also to home sellers. Home sellers buy a home warranty to increase the value of their homes, and to save money in case something breaks while the house is on the market.
Many home buyers prefer a warranty to already be in place. In many cases,it can be transferred from the previous owner and continue to cover home systems and appliances for one year. If the new owner likes this particular home warranty plan, it can be extended for the next year, or they can upgrade the plan for more comprehensive coverage. In some cases, real estate agents offer one-year coverage as a gift to their clients.
Many home warranty companies in Florida, including American Home Guard, offer plans not only for single-family homes but also for townhomes, condos, and even mobile homes. With these, residents of any type of property can have peace of mind by insuring their dwellings with a home warranty.
It is recommended that you will read through these Florida home warranty reviews of the companies listed on this page to learn whether the plans offered are apt for your needs and requirements.
Florida is one of the best places to live in the United States, and many citizens prefer to retire in this state. Some of them purchase their property in advance and buy a home warranty to cover the repairs and replacements of home systems and appliances that may occur.
There are dozens of home warranty companies available on the Florida market that offer coverage for different types of properties. This allows residents in single-family homes, townhomes, and condos to save money on costly repairs and replacements of kitchen and laundry appliances as well as air conditioning, plumbing, electrical, and other systems. Most companies offer coverage for swimming pools and whirlpools, which are common on many Florida properties.
In order to select the best coverage, please carefully read the review for each company and think about which plan you prefer: appliances only, systems only, or a combination of both. There is always a possibility of expanding the plan by adding optional coverage items, or by switching to a more comprehensive one. Most companies will renew the contract automatically unless any changes are requested in advance.