It’s 2020, and technology and innovation in appliances are at their peak. Home appliances and systems are now able to perform better, have multiple functionalities, and have higher durability than ever before. Despite such advancements, they can never be immune to the sands of time - the one entity that pushes everything into disintegration, deterioration, and depreciation. So, as time passes by, you will notice that your appliances don’t function as well as before. Even if you opt to repair or replace your appliance, the cost would be too high, or sometimes unaffordable. So, the best way to get them fixed at low prices is through a home warranty. It lets you run your home smoothly without any anxiety, and you can get inexpensive repairs. So, read on to know more if you’re still wondering why you need a home warranty when buying a house in 2020.
Refrigerators can last up to 11 to 19 years, and the most common problems that occur are icemaker failure, faulty compressor, water leakage, faulty circuit board, and blocked drain. Such failures will cause you a lot of problems when preserving food.
The repairs and replacements of refrigerators also do not come cheap. To repair the icemaker, the circuit board, and the clogged drain, it would cost around $275-$325, $260+, and $109+, respectively. The costliest of all the repairs is the compressor because the fixing procedures are complex.
Dishwashers function well only for 13 years, and that too only if they are properly maintained. Over time, the problems that dishwasher-owners face are related to cleaning, drying, and draining failures, water leakages, and broken control panel. At first, the problems will seem minor and then keeps snowballing till you can handle it no longer.
It will cost around $100-$300 to fix the drain pump, $160+ for the water inlet valve, and $190+ control panel. If your dishwasher happens to have corrosion or rust the cost of the repairs is almost half the price of the appliance; replacement would be a much better option.
A washing machine lasts for up to 10 to 14 years. The frequency of using the washing machine also influences its life span. If it is used often, then it may last only for ten years, and then you will be introduced to a host of problems.
Either the drum does not spin well, or there is water leakage, draining failure, or a broken control panel. If you encounter even minor problems, it is better to get them fixed immediately; else, the wait will only increase the repair bill.
It would cost about $200-$300 for repairs like rubber door gasket replacement, $160+ for water inlet valve repairs, and $140+ for lid switch failure. If the repairs are more than $500, you would have to get a new one, which would cost somewhere around $700-$1000.
A dryer, just like your washing machine, would last up to 10 to 14 years, depending upon the usage frequency. Your dryer can encounter problems like the inability to dry clothes, faulty drum rollers, belts, motors, broken thermal fuse, and heating elements.
The most common repairs would cost as follows: coils - $170, thermostats - $130+, and belts - $180+.
Oven range problems are not uncommon. Over time, you’ll face issues such as the oven not heating effectively, failure of the thermostat, ignition system failure, and broken burner. It costs about $110-$200 to fix an igniter, $260+ for a broken control board, and $160+ for other heating elements.
Nowadays appliances are made with advanced technologies, but they still don’t last forever. So, in this day and age, appliance problems do keep cropping up and are unavoidable. It will happen at some point or the other, and the above-stated facts and figures show that repairing or replacing them on your own would ruin you financially. Hence, it is best to save as much money as you can with a home warranty. You can now secure your home appliances and systems with protection plans like First American Home Warranty plans, Choice Home Warranty coverage, American Home Shield plans, and the like.home appliances, Protection Plan