Sears Home Warranty Review | Can Sears Save You Money & Stress?

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A home warranty plan is an ideal investment for homeowners looking to protect their purchase and to ensure that every aspect of their home is kept running smoothly and efficiently.

A warranty differs from a homeowners insurance policy, though the two do have similarities.

The latter is usually designed to protect against any theft from the property, as well as damage which occurs as the result of natural causes such as flood, fire, or storms.

A home warranty, on the other hand, attends to the mechanics and appliances which reside within that home, such as plumbing and heating systems, washer, dryers, and stoves.

Sears is one popular option for home warranties, and it may be worth your consideration. In this review, we’ll examine its coverage and cost and weigh the pros and cons of protecting your home with the company.

Home Warranties: Here’s How They Work

A warranty for your home works in a similar way to a traditional home insurance policy.

You pay a certain monthly amount, and in return be covered if an appliance or system requires a replacement or repair.

Most providers will offer a variety of plans which are designed to suit the lifestyle of the policyholder, and Sears is no different.

Who Needs a Home Warranty?

Although home warranties are not compulsory in the same way that home insurance policies can be for some mortgage providers, they are nevertheless a good idea for any homeowner.

Investing in property is a substantial financial commitment, and it is a good idea to protect this investment in the best way you can; by having secure, financial protection and cover.

You also get the peace of mind that things can be repaired and replaced if they go wrong, without costing you an excessive amount.

Sears Home Warranty

Sears Home Services logoSears Home Warranty is one of the best home warranty companies for a number of reasons. The Sears Home Warranty plan is an ideal way for busy homeowners to ensure every aspect of their home is taken care of in the event of an incident.

Plans

It offers a chance to purchase a single plan, which then serves to protect a range of systems and appliances within the home, no matter how old they are, the manufacturer, or where they were initially purchased.

There is a choice of three plans, allowing you to select the combination most suitable to your needs and lifestyle, and ensuring that you are not spending money on something you do not need.

Filing Claims

In addition, Sears takes the hassle out of finding a suitable repair service, by supplying one as part of the policy.

If you need to make a claim, simply call the customer service line, which is available 24 hours a day, seven days a week.

This means you can report your claim at a time that suits you, as soon as you need assistance, rather than being required to wait for days or weeks for a representative to become available.

Repair

Once this call has been received, the agent will arrange a suitable time for a pre-screened and qualified technician to visit your home and inspect the issue. Once the problem has been identified, Sears will endeavor to repair the malfunction or replace the item where this is not possible.

A service fee will be required when the technician arrives, and the amount you decide to pay at this point could impact your monthly payments; a higher amount will lower them while paying less could increase them.

What Plans Are Available?

Appliance Plan

As the name suggests, the purpose of the appliance plan is to provide cover for essential appliances within your home. It covers items including:

  • Built-in dishwasher
  • Washer and dryer
  • Refrigerator with icemaker
  • Range, cooktop, stove or oven
  • Built-in microwave
  • Trash compactor
  • Exhaust fan

Systems Plan

The systems plan is the area responsible for covering all the major systems which are present in your home. Key areas include:

  • Central heating
  • Water heater
  • Water softener
  • Plumbing and plumbing stoppages
  • Garbage disposal
  • Toilets and taps
  • Garage door opener
  • Ceiling fans
  • Electrical systems

All the above components come as standard, but policyholders also have the option to purchase add-ons according to their needs. These extras can cover areas such as:

  • Sump pump
  • Well pump
  • Stand-alone freezer
  • Septic tank and pumping (here, there is a pumping limit of $500 and a tank replacement limit of $1,000)
  • Pool and/or Spa with a heater (here there is a heater limit of $1,000)

Whole House Plan

A third option is the entire house plan. As the name suggests, this allows the whole home to be protected and covers 21 major appliances and systems for the ultimate peace of mind. Areas covered include:

  • Garage door opener
  • Central heating
  • Plumbing and plumbing stoppages
  • Water heater
  • Water softener
  • Garbage disposal
  • Faucets
  • Toilets
  • Ceiling fans
  • Electrical systems
  • Washer
  • Dryer
  • Built-in dishwasher
  • Oven, cooktop or range
  • Refrigerator – including ice maker
  • Range exhaust fan
  • Built-in trash compactor
  • Built-in microwave

There are also optional extras which can be added on according to your own needs and requirements:

  • Septic tank with pumping (limit of $500 for pumping, and $1,000 for tank replacement
  • Stand-alone freezer
  • Sump pump
  • Well pump
  • Pool and spa heater (this has a heater limit of $1,000)

Sears offers a diverse range of plans, allowing homeowners to make the best choice to suit their household.

Alternatives to Sears Home Warranty

Do You Need a Sears Home Warranty Plan?

The decision to take out a plan is a personal one, but it is worth weighing the pros and cons to ensure that your choice is confident and fully informed.

Pros

  • Comprehensive coverage: You will have a single plan to cover your whole home, so in the event of an incident, there is just one number to call.
  • Streamlined repairs: There is no need to try and find a repair service at short notice. The technician will be included with your plan, saving time and effort.
  • Affordability: The monthly repayments are very likely to be cheaper than having to find a replacement or repair for an appliance or system.
  • Budget-conscious: You will know exactly what you are paying and when, as well as being able to budget for any premiums, as you have all the figures in advance.

Cons

  • Required services: You are restricted to only using the repair services and technicians provided by your plan. This can be a disadvantage if you have a preferred and trusted option.
  • Requirements: All goods which are covered must be in full working order at the time the policy is taken out, which means it is no good for quick fixes.
  • Limited coverage: There are often caps on the amount which can be claimed, and this may leave you out of pocket if you have a particularly expensive system or appliance.
  • Exclusions: Make sure you know exactly what is covered. Exclusions and exceptions apply to every policy, and it is essential to be adequately informed.

In Conclusion

The Sears home warranty plan offers three diverse options, which can be adapted and changed according to your needs.

Unlike some of its competitors, there is no build your own plan, which is a little disappointing. However, various add-ons can be added to help make the plan more flexible.

A home warranty plan helps to give you more peace of mind and security and protects you from substantial, unexpected financial costs.

It can prove an affordable way to protect your home and property, and be better prepared for any future emergencies!


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