The popularity of home warranties on Virginia’s real estate market has grown significantly over recent years. Unlike homeowner’s insurance that covers damages caused by fire, flood, theft, vandalism, and other problems, a home warranty covers normal wear and tear of the most important home systems and appliances.
- Market veteran
- Different plan types available
- Emergency service available
- Tricky terms and conditions
- High chance of payment delays
- High cancellation fee
How to Select the Best Home Warranty in Virginia?
There are plenty of home warranty companies in Virginia that offer coverage for various home systems and appliances. In order to help homeowners like you select the best home warranty in VA, we have collected as much information as possible on each company that works in this state.
This information was collected not only from company websites but also from various sources including company representatives. We also read and summarized customer reviews from various consumer reporting websites such as the Google Reviews, BBB, Consumer Advocate, and Yelp.
There are several things you need to consider before you purchase a home warranty. We will talk about some of them, and if you feel like we missed something important that also influenced your decision about which home warranty plan to choose, please let us know, and we will include it in our report. We think that the two most important factors that should be taken into consideration are the location and the age of your house.
Which climate zone do you live in?
Are you ready to purchase a home warranty in Virginia? First of all, you should think about the location of your house, and here we explain why. If you live in the western or southern parts of the state, in Virginia Beach or Norfolk, there is a Humid Subtropical climate there, which is significantly warmer and more humid than in Arlington and Alexandria in the north, or Roanoke and Wytheville in the east.
Higher heat and humidity levels may contribute to the wear and tear of home appliances, which may require more frequent repairs or replacements. For this purpose, home warranty companies like American Home Guard offer their customers plans that cover kitchen and laundry appliances only.
Homeowners who live in the mountains experience issues with plumbing and electrical systems more often than residents of other areas do. Virginia is ranked 45 out of 50 states for power grid reliability, which means that Virginians experience more frequent power outages, especially in the mountain area, that residents of other states.
Power outages may also contribute to the wear and tear of your electric appliances and the whole electrical system of your house. If you are one of those homeowners who have an electric generator in your storage room, it would make a lot of sense to purchase one of the plans offered by such well-known home warranty companies in Virginia as Select Home Warranty or TotalProtect Home Warranty
How old is your house?
Another thing to consider before purchasing a home warranty is the age of the house. The general rule is the older the house, the more comprehensive of a warranty plan you need.
Even though home warranties are available for brand new houses, it is important to remember that it cannot be combined with any other warranty or insurance. For example, if you have your home appliances covered under their manufacturer’s warranty, your home warranty will not be applicable in this case.
Home Warranty Regulations in Virginia
Another important factor to consider while selecting a home warranty company is whether it is registered and licensed by Virginia authorities. The Office of Charitable and Regulatory Programs (OCRP) is responsible for administering the Home Service Contract Providers Act in the Commonwealth. Providers of home warranty contracts in Virginia are required to register with OCRP in accordance with the Home Service Contract Providers Act.
Which Home Warranty Plan Will Work Best For You?
The Basic Plan
Currently, the Old Dominion state has over 2.7 million households, many of which have their dwellings covered by a home warranty. Have you recently purchased your new home? Homeowners who are new to a home warranty usually prefer to start with basic plans. Total Home Protection offers one of the cheapest home warranty plans on the market that offers coverage for kitchen appliances, as well as electrical systems and plumbing systems, including plumbing stoppages.
The Partial Plan
As we discussed earlier, some homeowners prefer to cover their home appliances only or home systems only under a home warranty plan. For these homeowners, there are appliance plans that cover all major home appliances, but not the home systems, and the opposite, home system plans, which do not include any home appliances in their coverage.
Do You Need To Upgrade Your Home Warranty?
Are you one of those homeowners who prefer to get a feel of a home warranty by signing up a basic plan. Later you realized how much they like it, so now you would prefer more coverage for your house? No worries, there is always an upgrade option! It can be an addition to your plan or a more comprehensive plan, it's up to you! Read our blog to learn more about other peoples' experiences.
The Comprehensive Plan
The most experienced homeowners in Virginia prefer to protect their homes with more comprehensive plans that include all major home systems, such as heating, air conditioning, electrical, plumbing systems, and most kitchen and laundry appliances. Among multiple home warranty companies in VA, America’s 1st Choice Home Club offers one of the best premier plans with very competitive prices. Those companies that offer partial plans, also have combo plans that include coverage for both home systems and appliances.
The Seller's Plan
In many cases, real estate agents recommend that home sellers purchase home warranties in order to attract more homebuyers, at the same time keeping the house protected while listed. Some home warranty companies, like Home Security of America, tailor their plans specifically for home sellers.
Usually, the seller's plans are not as comprehensive as the buyer's, but they do provide coverage for the most essential home systems and appliances. In many cases, the home warranty may be transferred from the seller to the homebuyer for a period of up to one year. It will be renewed automatically unless canceled.
Final Words About Home Warranty Companies in VA
Any homeowner, home seller, or home buyer in Virginia will benefit from having their property covered by a home warranty. In order to decide which home warranty plan to choose, we advise not only to compare the different companies, but also to think about the location of your house. For example, is it close to the ocean and high humidity is a norm in your area? Many home appliances are more prone to rust in such a climate and might require more repairs and replacements.
The age of the house also plays a role in home warranty selection. Experienced homeowners purchase more comprehensive plans if their houses are older than 10 years. It helps them save money on repairs and replacements, preserving their peace of mind.