On average, most policyholders report more than two claims per year. And depending upon the repair, a warranty can often pay for itself in one claim. The average cost of a warranty is $30 - $50 a month, when compared to the average cost of repairs is minimal.
Not familiar with average repair costs? Here's the range for the most common repairs and replacements:
Furnace $65 - $4,300
Oven/Range $70 - $2,200
A/C Unit $80 - $4,800
Water Heater $85 - $1,200
Washer/Dryer $70 - $1,300
Plumbing $85 - $1,500
Refrigerator $60 - $3,800
Broken Water Pipe $70 - $2,000
Dishwasher $140 - $600
Electric $125 - $1,400
Roof Leaks $150 - $500
Garbage Disposal $70 - $500
Microwave $70 - $1,500
Garage Door Opener $85 - $1,300
Pool/Spa Heater $100 - $1,800