{"id":4856,"date":"2023-11-17T08:36:00","date_gmt":"2023-11-17T08:36:00","guid":{"rendered":"https:\/\/thewealthcircle.com\/?p=4856"},"modified":"2023-11-17T08:56:41","modified_gmt":"2023-11-17T08:56:41","slug":"american-residential-warranty-reviews","status":"publish","type":"post","link":"https:\/\/kiiky.com\/wealth\/american-residential-warranty-reviews\/","title":{"rendered":"American Residential Warranty Review: Is It Worth It?","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"\n

Most households have a typical budget for miscellaneous expenses like repairs or replacements of home appliances. Yes, mine holds such an account different from savings<\/a>. <\/p>\n\n\n\n

What happens when the damages for the month exceed that budget?<\/p>\n\n\n\n

Let me tell you what happens in my family!<\/p>\n\n\n\n

Since my parents are financially disciplined, every appliance that breaks down will only be repaired or replaced when the cost is within the budget. Other than this, we’ll make do without it until the cost is complete and this can take several months. <\/p>\n\n\n\n

But, you don’t have to wait till forever as the appliance might be a necessity- as the need for a heater in winter.<\/p>\n\n\n\n

American Residential Warranty is one of such companies that gives you flexible plans and removes surprises from your budget.<\/p>\n\n\n\n

So, what do they do?<\/p>\n\n\n\n

Basically, they act as an insurance company whom you pay a premium to get a repair or replacement when your home appliances get damaged. <\/p>\n\n\n\n

In order to get concrete information of the American Residential Warranty is worth the effort, read this full review.<\/p>\n\n\n\n

Meanwhile, the table of content is right above.<\/p>\n\n\n\n

Review of American Residential Warranty<\/span><\/h2>\n\n\n\n

American Residential Warranty is a warranty company for home users’ appliances. It allows them to choose their contractors to complete repairs of their appliances when they break down.<\/p>\n\n\n\n

ARW serves customers all in all US 50 states. The corporate office is in Boca Raton, Florida.<\/p>\n\n\n\n

Her services include home warranty, electronics protection and home security.<\/p>\n\n\n\n

They partner with many companies like AIG, Amynta, Asurion, Lowe’s, GE Appliances, and ADT who provide the repairs and replacement of appliances.<\/p>\n\n\n\n

Top Ratings- American Residential Warranty Review<\/span><\/h2>\n\n\n\n

ARW for short has a 5 star rating for home warranty companies.<\/p>\n\n\n\n

According to Customerreviews.com, “ARW leads the pack when it comes to the best home warranty plans. We\u2019re pleased to give them our highest rating in 2020”<\/p>\n\n\n\n

Similarly, they’ve got an A+ rating with BBB. Even Customer Affairs gave a 4.9 star.<\/p>\n\n\n\n

So, what exactly is a Home Warranty? We will enlighten you shortly.<\/p>\n\n\n\n

What is a Home Warranty?<\/span><\/h2>\n\n\n\n

A home warranty is a home protection plan that covers the cost of repair and replacement of household appliances and systems that break down due to wear and tear.<\/p>\n\n\n\n

It is an agreement with the homeowner to repair or replace any appliance that is covered in the contract in accordance with the terms of the agreement.<\/p>\n\n\n\n

The appliances include refrigerators, washing machines, microwaves, water heaters, interior electricals, plumbing, water and sewer lines, ACs, well pumps, TVs, and lots more.<\/p>\n\n\n\n

You may decide to sell the broken TV for an extra income.<\/a><\/p>\n\n\n\n

It is also called a home service agreement.<\/p>\n\n\n\n

Read this:\u00a0Best Time To Buy Appliances In 2022 With Location<\/a><\/strong><\/p>\n\n\n\n

How does American Residential Warranty work?<\/span><\/h2>\n\n\n\n

You’ll typically pick a plan, call the service providers when there’s a need and help will be sent across.<\/p>\n\n\n\n

Ideally, if a home appliance covered in the contract breaks down, like a washing machine, the homeowner is to contact the warranty company. They will arrange for a qualified technician to come to oversee the damage. <\/p>\n\n\n\n

Would you like to flip that heavy washing machine<\/a> for some cash? Give it a shot.<\/p>\n\n\n\n

Whatever it is, whether a mechanical failure or wear and tear, once it is covered in terms of the contract, the appliance will either be replaced or repaired. This is in exchange for a service fee which is defined in the contract.<\/p>\n\n\n\n

What are the ARW Plans?<\/span><\/h2>\n\n\n\n

With ARW, the plans are flexible and can be reviewed every 30 days. Within this time, customers can change their plans, add more, or reduce coverage. This shows that there is no long term commitment to a plan.<\/p>\n\n\n\n

Also, customers can choose their paymen plan to be either monthly, quarterly or annual payment<\/p>\n\n\n\n

There are 7 plans that American Residetial Warranty offers to customers, namely:<\/p>\n\n\n\n