Do Home Warranties Cover Plumbing?

Let’s face it; plumbing issues stink! Plumbing is one of those home systems we tend not to appreciate until there’s a problem with it. They can occur without any warning making for an unpleasant surprise that you have no choice but to address immediately.

Plumbing problems aren’t just unpleasant; they can also be expensive. Not only does the issue itself needs to be remedied, but also leaked water can cause several residual issues such as floorboard rot, drywall damage and mold, among others.

Related: A Guide To Leaks, Clogs, And Other Plumbing Issues You Can Fix

The average cost to hire a plumber for a typical job ranges from $160 to $430. Plus, plumbers often charge an additional premium to come out on evenings or weekends. The cost of parts for the repair can vary widely, especially in older homes where replacement pieces are harder to find.

What Do Home Warranties Cover?

If you’ve been asking yourself whether you should invest in a home warranty, the first step is to look at what’s covered under the warranty. Each plan is different and coverage can vary.

CoverageInsure Home Warranty plan covers the costs of repairing or replacing more than 20 major appliances and home systems, including plumbing. There are flexible plans that allow you to choose the best fit for your family’s needs and you can even build your own custom plan so you have the exact coverage you want.

Do Home Warranties Cover Plumbing?

Generally speaking, home warranties do cover plumbing when issues result from normal wear and tear. Not every plan is created equally, though, so it’s important to look at what exactly is covered, especially if you already have a contract. Some of the common plumbing troubles covered by AHS include:

  • Leaks and breaks in the water, gas, drain or vent lines
  • Faucets, shower heads, and shower valves
  • Built-in bathtub whirlpool motors, pumps, and air switches
  • Clearing sink, tub, shower and toilet stoppages

Be sure to check the yor contract for more details.

Give Yourself Peace of Mind

Unfortunately, plumbing issues are inevitable in any home. Since the best plan is to be prepared, you can ease your stress by giving yourself the gift of an American Home Shield plan.

Why Should Consumers Purchase An Extended Warranty For Their Car?

Most cars come with a manufacturer’s warranty for 3 years or 36,000 miles. Some have longer 4 year were 50,000 mile coverage. And even fewer have a 5 year or 60,000 mile warranty. As fate would have it, most major auto repairs occur after the manufacturer’s warranty period expires. Purchasing an extended auto warranty can save you hundreds, or even thousands of dollars on each repair. And as repairs at up over the life of an extended car warranty it is not uncommon to have savings equal $5,000, or even $10,000 or more.

If your car is out of warranty, or will soon be out of warranty and you don’t want to or don’t have the ability to pay these high repair bills that are imminent, purchasing an extended auto warranty is a consumers best bet.

To learn more about the different types of coverage available for your vehicle and the cost visiting a “reliable” company’s website for a quote is a great idea. A good place to start might be visiting Auto Advantage who have an A+ rating with the Better Business Bureau and are also accredited by the BBB and who have been supplying car warranties to the public since 1979.

Used Car Buying: Getting the Timing Right

Want to get the best bang for your buck when looking for a used car deal? It comes down to three factors: What you buy when you buy, and where you buy it.

What you buy will have the greatest impact on the used car deal that you get, and if you make your purchase at the right time you can save big.

It’s an interesting time to buy used, with the average retail used car price reaching a new record high in the first quarter of the year across the broad market, but with low prices in some segments and an increasing number of lease returns set to drive prices down across the board. According to automotive researcher Edmunds.com, the rate of three-year leasing grew 27.1 percent between 2012 and 2013. Those cars leased in 2013 are now flooding the used car market.

In many ways the record high transaction price is more of an indication of the type and age of vehicles coming into the used market, rather than the trend for any single model. SUVs and high-trim pickups make up a growing portion of the lease segment, and their return into the used car market is one factor skewing the average used car market price upward.

Most cars and trucks coming off lease are only 3 years old, and they’re being returned in great shape to avoid excessive wear charges, and they have low miles to avoid excess mileage charges. Those attributes also contribute to their higher prices in the used car market. In short, used cars today are newer than they have been and therefore more expensive.

What to Buy

To find the best deals, look where the new car market is heading and go the opposite way. Sales of compact SUVs are hot right now, and many of those buyers are moving to them from sub compact, compact, and midsize cars. Low fuel prices and the steadily improving economy have increased the demand for truck and SUVs, while sales of smaller cars have languished.

“Interestingly, some of the less popular segments in today’s market were the most popular leased vehicles in 2013: mid-size cars, compact cars and entry luxury cars,” said Edmunds analyst Ivan Drury in a recent press release.

That means it’s a great time to be looking for cars like the Honda Civic, Hyundai Sonata, Mini Cooper, Acura ILX, or Cadillac ATS. Those smaller cars and midsize sedans are being returned in excellent condition with low miles when their leases end, but the supply is outpacing the demand, creating opportunities for buyers.

More opportunities come from owned compact and midsize vehicles that are being traded in as down payments on SUVs and crossovers, though they’re likely to be older with higher mileage.

When to Buy a Used Car

Toyota Motor Sales, U.S.A. Inc.

Seasonal trends can also create chances to get a great used car deal. Typically, used car prices are at their lowest in the early winter, with dealers looking to reduce inventory just before the end of the year. Prices then typically climb through the spring and summer months before starting to decline through the late fall.

If you’re looking for a specific vehicle, you can learn from some annual trends. As summer approaches, demand for convertibles naturally rises. When winter nears, prices for all-wheel drive vehicles, crossovers, and SUVs climb. Buy a convertible in the late fall or an SUV in the spring, and you can save some money.

Fuel prices also have a great impact on buying behavior and used car prices. The current surge in SUV and pickup buying is being driven in a large part by cheap gas prices. That has also reduced the demand for small vehicles and alternative-fuel cars and trucks. With cheap gas and a redesigned Toyota Prius recently arriving on the market, it would seem to be an excellent time to buy a three-year-old Prius or any of the other hybrid models available.

When fuel prices start to rise – and they certainly will at some point – many trucks and large SUV owners will start to see their total cost of ownership dramatically rise. Those thirsty cars and trucks will begin to flood the used market.

Pickup trucks are an interesting segment of the market. There are two typical buying groups, including those who buy their trucks for work, use them hard, and keep them forever. The pickup lease customer, on the other hand, often has a higher trim level truck with more high-tech features. The fancier trucks typically depreciate at a much faster rate, even though very few ever leave the pavement or do much hard work. The technology that was expensive when the lease was signed isn’t state of the art three years later when the lease expires, and used car buyers don’t put as much value on the extras as new car buyers do. The premium trucks can offer excellent value when purchased on the used market and are durable enough to have long lives with their second owners.

Where to Buy

Where you buy is usually a reflection of your risk tolerance. Many buyers find it more reassuring to buy a used car from a franchised new car dealer rather than an independently used car outlet or a private party. While you can potentially get a better price from the latter two, many buyers don’t have the confidence or knowledge to take that leap.

Franchised new car dealers, on the other hand, have the greater overhead that you will help pay for with a higher price on your used car purchase. Many also offer certified pre-owned cars that come with a certain level of inspection, refurbishment, and often a warranty and special financing opportunities, along with a higher price tag.

U.S. News & World Report’s used car site offers a number of tools for shoppers including rankings and pricing tools, plus a search system that can find cars and trucks in your area. Find out how much car you can afford using our calculator, and be sure to have your own financing lined up before you step foot in a car dealership.

MONEY SAVING TIPS FOR YOUR NEXT ROAD TRIP

Road Trip Savings

A road trip is always a fun experience, but it’s not exactly known to be an affordable one. That’s why it pays that you know how to manage your financial matters well when going on a road trip. You’ll never know when you’ll have to pay extra especially when you’re having too much fun. Let these money saving tips ensure your next road trip does not turn into a financial owe.

Indeed, there’s nothing wrong with making your road trip financially savvy. After all, we all like saving money. Anyone can always have fun for less, even in the case of road trips. For that, consider our money saving suggestions for your next road trip.

1. Money Saving Tips Start With Setting a Budget

Oftentimes, road trips become frustrating ordeals the moment it starts prompting you to spend more. Although you can always derive pleasure from the fact that you’re trading in your cash for leisure-related goodies, the fact that you’re creating for yourself a tiring cycle of earning money just to suffice for that lifestyle can drain you to no end.

That’s why it’s essential that you identify a budget cap when going out on a road trip. Make sure that you’re judicious enough in setting the right allocations for each aspect of your road trip. For that, you should always do your research – derive experiences from other people’s feedback, consider money saving tips, and read up on typical financial pitfalls in road trips.

2. Identify all Possible items in your Expenditures

Given the costliness of road trips, it pays that you know very well the things that you need to do when you’re confronted with situations that prompt you to take out money out of your wallet. Identifying those situations is an ideal step to the right financial track: restaurants, lodging accommodations, admission payments, vehicle-related expenditures, and the like.

One important thing that you must remember is that all vehicle-related expenditures are almost always better when used with credit cards, in that those offer incentives in the form of discounts and points. A CarCareONE credit card, for instance, allows you to take advantage of various financing options related to any car related concerns, specifically for repair and maintenance.

3. Apps, apps, and apps

If you think that you’re bad at monitoring expenditures related to your road trip, then always remember this popular saying of late: “there’s an app for that!” Apps, may it be on the App Store or Play Store, that allow you to manage your road trip-related expenses can help save the day, especially if you only have a specific budget that can only last as much when spent judiciously.

Navigation apps like Google Maps and Waze can help you save both time and money through travelling along the shortest and most effective routes. An expense manager like Road Trip can help you keep track of your road trip costs. Repairpal enables you to call roadside assistance with one click. Altogether, those sorts of apps can help you conserve your road trip resources.

Things To Keep In Mind About New Car Warranties

 

 

A warranty is a guarantee made by a seller to a consumer for a product being sold. When the warranty is for a vehicle, it is a contract that provides coverage for replacement and repair costs for certain parts of the vehicle for a specific amount of time.

New car warranties provide many benefits for a consumer. When a consumer buys a car from a manufacturer, a guarantee is given that if there are issues with the car, like defects or mechanical failures, the cost of replacement and repair of those parts will be covered by the auto warranty. There are two kinds of new car warranties. The first is the bumper-to-bumper warranty, which provides coverage for all parts of the car from the front bumper to the back bumper. The second kind of coverage is powertrain coverage, which covers all of the parts that make it run.

New car warranties ease the minds of motorists every time they bring their vehicle to the shop and receive a repair bill.warranty

The Real Benefits of Home Service Contracts

It's Saturday morning. With a cup of coffee in hand, you flip open the blinds and gaze out at your backyard. Despite the sunny morning, you notice standing water in the corner of your lawn.

Your heart sinks as you realize the water is your flooded leach field.

The home warranty contract you had when you first bought the house a year ago would have covered this, but you opted not to renew it last month.

What is a Home Warranty?

A home warranty is a service contract and covers wear and tear related repairs or the replacement of important home system components and appliances that break down over time.

A home warranty protects you and your family from bearing extreme expense and hardship from breakdowns not covered by your home insurance policy. Plans vary and can cover major home systems such as air conditioning, heating, electrical and plumbing as well as major home appliances such as kitchen ovens, stoves, refrigerators, and washers.

"I'm never going to have to pay for anything again!"

This isn't true.

Home warranty service contracts can cover a lot of major repairs or replace important systems and appliances, but only if you're signed up for the right one.

And there are a lot of companies out there advocating on behalf of these service contracts and the warranties they offer, and just like anything, they're not always truthful and the expectations they set with consumers can be misleading. They advertise that, under their umbrella policies, homeowners will never have to pay out of pocket again for repairs and services for their homes.

This isn't true.

Unfortunately, there are a lot of gross misrepresentations within home service contracts and the advertisements promoting them. Where, homeowners are led to believe if they spend more for what looks like an all-inclusive contract, they'll never have to pay for repairs or services to their home again, no matter what they are.

This isn't true.

The Honest Benefits of Owning a Home Service Contract

  • 1.The ability to call on a network of available pre-screened contractors for whatever their specialty is.
    • Instead of choosing a contractor blindly, a home service contract includes the right people to call on for the right jobs, mitigating the frustration of doing your own, unadvised research and dealing with the costly repercussions of illegitimate contractors who overcharge or are unfit to do the job. Not to mention, you'll never be covered for an all-out replacement.
    • In the earlier example of the flooded leach field, the service company the homeowners call on independently – because they no longer have the benefits of in-network contractors included in a home warranty – could falsely charge them. Instead of only replacing the sewage ejector pump causing the problems, the contractor might also cite septic tank malfunctions and replace the line from the house. How would the homeowner know?
    • Most homeowners don't have the time to manage what a contractor is doing or the knowledge to determine what repairs are needed and which are unnecessary. They just know they need it fixed. Home service contracts and their representatives are motivated to do the right thing on behalf of the homeowner because they are the ones who are paying for it.
  • If you pick wisely, you really will save money. Home service contracts really do pay claims.
    • The best part about the home warranty is when the consumer walks away without a penalty for wears and tears that naturally will happen to their home over time. Protect yourself, your family and your home by preparing for – not if, but – when your home systems and appliances malfunction or need repair or replacement.