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The average home is in need of about $3,150 worth of repairs that haven’t been made yet, according to a new survey of more than 1,000 homeowners conducted by consumer information website Consumer Affairs.
Only 41% of homeowners say they could afford a $500 repair out of pocket, and that percentage drops to 28% for those who could afford a $1,000 repair.
Last year, homeowners spent an average of $6,000 on maintenance and repairs, according to a recent report from insurance firm Hippo. A separate study from home services website Angi that measured similar 2022 costs shows maintenance averaged $2,467 and home emergency spending — i.e., an unexpected repair — was $1,953 on average ($4,420 altogether).
Take the worry out of homeownership with a Home Defense USA Home Protection Plan!
What’s Covered
Home Defense USA offers plans that will cover the repair or replacement of several of your most vital home systems and appliances. With one call to us, we will handle it all for you. Plus, the peace of mind in knowing you are covered against unexpected and costly repairs is priceless.
*Coverage options vary based on your home warranty plan, the appliances present in your home and any optional coverage add-ons. Please refer to your contract for exact coverage details, excluded items and limitations.
Home Defense USA – Covering What Covers You