You received PCS orders, have a home where you currently are, and have decided to rent it out instead of selling. What next? You have home insurance and a property manager. Do you need anything yes? The answer is yes. A home warranty for a rental home can help you offer your home to your new tenants, knowing you’ll have coverage in case of an appliance or system malfunctioning.
The difference between a home warranty and home insurance is that insurance covers acts of God and nature. In contrast, a home warranty can cover your appliances or important systems that your insurance may not. You don’t need a home warranty to purchase or rent out a home, but it will give you that extra peace of mind to sleep well at night. Here are a few different types of home warranties you can look for.
Systems Home Warranty
Perhaps you are not supplying a refrigerator, a washer, or a dryer for your renters to have in your home, but you do have basic systems that could use coverage. The Systems Home warranty covers the most critical systems in your home, including air conditioning, heating, electrical, plumbing, water heater, and more. If an HVAC system goes out, especially during the summer, that can cause angry tenants and significant issues. It’s better to have peace of mind to ensure your more extensive systems are taken care of and that you don’t have to worry about it when repair, labor, and installation are covered.
Elite Appliances
On the other hand, if you leave a fridge, a washer, a dryer, or other appliances for your renters, you can’t control how they use them, and your appliances may need more upkeep than you expect. This type of coverage can include the most important appliances in your home, including a refrigerator, washer, dryer, oven, dishwasher, and more. If you add up the price of what you’ll pay for the home warranty, it will be less than if you had to buy a new appliance this year; sometimes insurance can charge outrageous rates, making you think, what’s the point? But the premiums you pay in your home warranty service show up in the premium service you receive, especially with Elite Home Warranty.
The Elite Complete Plan
You can have coverage for a mix of appliances and large systems; you don’t have to choose one or the other or pay separate premiums. Having an umbrella for both lets you know that all the major pieces you care about are taken care of in an emergency. The Complete Warranty protects a combination of the most essential appliances in your home, including kitchen appliances, laundry appliances, air conditioning, heating, electrical, plumbing, and garage door opener, among other items as well.
Customize your own
Have only a few things you want to be covered? Create a custom plan to get the coverage you want and none you don’t. They know how expensive things can be when you rent and are a military family, so Elite Home Warranty built this plan type and flexibility with you in mind.
With coverage in 45 states, hundreds of five-star reviews, and BBB accreditation, you can rent your home knowing that all the major expensive pieces that could go wrong are in safe hands. Head to Elite Home Warranty to learn more, and rest easy knowing a broken washer won’t result in you paying thousands of dollars out of pocket.
This article is sponsored by Elite Home Warranty. Elite Home Warranty has earned 4.9 stars from verified consumers on the Better Business Bureau and is also top-rated by Top Consumer Reviews, Forbes, Money, and many others. Enjoy Claims Concierge, White Glove Services, More Coverage, and a Big Heart.
This article was written by Aj Smit.
Aj Smit is the author of the book Red Thread: Weaving an Embodied Life of Joy, speaker, glitter enthusiast, and professional weaver of Joy. She is a military spouse in S. Korea with a pup and houseplants galore. Aj has led various Red Tents, retreats, and workshops internationally over the last ten years to help others discover how to weave creativity and curiosity into their lives. You can find her on Facebook and Instagram at @TheJoyWeaver and TheJoyWeaver.com