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Avatar for American Home Shield – Home Warranty
American Home Shield – Home Warranty
3.5(
5,688
)

Serving Hoffman, MN and surrounding areas

In business since 1971

Credit card accepted

"We pay yearly but we have this is included with our rental property. They are pretty good on most things. We had a hot water heater replaced and they did an excellent job on that. They are very quick on their response. They dont come out here. It is all done on the internet.  I just like the idea that one time service charge is so much better than trying to hiring someone to come in. It is more about convenience. It pays for itself."
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Recommended by65%of homeowners
Water Heaters questions, answered by experts

Going from a tank to a tankless water heater is one of the most effective ways to lower your utility bills. The switch also frees up more space and ensures a consistent hot water supply, as the water is heated on an as-needed basis. It costs between $5,400 and $7,400 to install a new tankless water heater. Most installation companies will also help dispose of your old water tank.

No state requires you to vent an electric water heater. Other installation requirements for water heaters will vary, though, depending on the state and local jurisdiction in which you live. Some places require permits, while others don’t. Some may force you to place the appliance a certain distance from any walls or other appliances, while others don't. When you find a local professional to install a water heater, this expert will ensure you follow all the local regulations.

Homeowners insurance may cover the repair or replacement of a water heater if it's damaged by a covered peril, such as a fire or a burst pipe. However, policies typically do not cover repairs or replacement needed due to normal wear and tear, old age, or lack of maintenance. For these issues, a home warranty or a manufacturer's warranty may provide coverage. While the policy might not pay to fix or replace the malfunctioning appliance itself, it often covers the cost of water damage restoration caused by the faulty water heater. Always check with your insurance provider to understand the specifics of your policy.

Tankless water heaters heat water as it passes through the unit instead of storing heated water in the tank. Their ability to produce hot water on an as-needed basis makes them more efficient. However, they are generally more expensive than traditional units. Is a tankless water heater worth it? Most homeowners will save money with a tankless unit in the long run by using less energy.

It’s important to find the type of water heater that fits your needs and budget. Depending on the type of water heater, size, brand, and the type of energy you use to heat the water, costs range from a few hundred dollars to several thousand. Some of the most common types of water heaters include:

  • Electric: $600–3,500

  • Gas: $700–$2,700

  • Propane: $700–$2,500

  • High efficiency: $1,500–$3,000

  • Indirect: $1,200–$3,500

  • Hybrid heat pump: $1,200–$3,500

The Hoffman, MN homeowners’ guide to water heater services

From average costs to expert advice, get all the answers you need to get your job done.