Question : What is the average cost of replacing a water heater? Which would you choose insurance payment or heater?
My water heater needs to be replaced (electric) I have a warranty insurance that will replace it however there are a few non covered costs – the pan, the permit, some other part, it will cost me $ 512.00. They have given me the option to “cash out” which means they cut me a check and I try to figure it out on my own. Problem is the “cashout ” amount is unknown and it will take up to two weeks for me to find out what the amount is before i can even decide – two weeks without a hot shower is HELL! But I’m not sure what to do. What would you do?

Can anyone guess as to what amount they MIGHT give me?

The insurance company is American Home Shield.

ANY advice will help. I’m a new home owner and don’t know a thing about house stuff!

Thanks!
american home warranty company

Best answer:

Answer by mckindle26
You can get a tank and the parts to do it for probably close to 250-300. If you have a handyman, or an uncle, or cousin, or boyfriend that may be able to do it for you for less than a plumber than that’s the ticket. If you have to call a plumber its gonna cost you at least $ 700. And that is with a cheaper tank. Sure would be nice to know how much they were giving you. As a matter of fact it is ridiculous what they are doing to you. If they are gonna present you with that option and then tell you to wait two weeks, that’s crazy. I would make a demanding phone call and get a solid answer. Then after this is all done, never call them again.