Savings vs Appliance Repair Plans | Edina Appliance Repair

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edina_appliance_repairPretty much everyone has appliances in their home or apartment. And these appliances, including fridges and stoves, can sometimes have problems that need fixing. Obviously replacing large appliances can get expensive. A typical new fridge at Home Depot costs $400 on the low end and $1,000 on the high end. Most people end up paying somewhere in the middle—like $700—for a new fridge these days.

However, it’s more cost effective to have appliances repaired. Now there are two popular appliance repair plan providers in Minnesota—Centerpoint Energy has what they call “Home Service Plus” accounts and Xcel Energy offers what they call “HomeSmart” accounts.

HomeSmart accounts with Excel Energy cost about $180 for yearly coverage with their basic appliance repair plan, or about $490 with their premium plan. Home Service Plus accounts with Centerpoint Energy cost even more—about $222 for yearly coverage with their basic appliance repair plan, or about $503 with their “Total Repair Plan.” Do you really want to be spending several hundred dollars on the “chance” you might use one of these plans to have your appliance(s) repaired during the year?

You’d be better off investing that money into a savings account, where you earn some interest and use the money at a later date if needed, rather than be out of a couple hundred dollars.

Rather than spend too much money on elaborate “what if” plans, you should consider using appliance service in Edina, Minnesota, through Direct Home Appliance Service. We’re an affordable alternative to expensive annual repair plans; we strive to keep prices within your budget and we do not have hidden fees. Our techs are certified to repair all sorts of appliances, including many well-known brands such as GE, Kenmore, and Frigidaire.

Edina appliance repair services can help you save money! Call Direct Home Appliance Service at 952-920-6195 today and find out how affordable our prices are to repair your appliances.

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