Welcome to Our Guide to Home Warranty Programs for New Building Homes and Condominiums
As a new building homeowner or condominium resident, you're likely excited to start enjoying your new space. However, there are potential risks and costs associated with not having a home warranty program in place.
The Benefits of Home Warranty Programs
- Protection from costly repairs and replacements due to mechanical issues or natural disasters
- Peace of mind knowing that you're covered in case of unexpected expenses
- Increased resale value by providing peace of mind for potential buyers if the property is sold
Types of Home Warranty Programs for New Building Homes and Condominiums
New building homeowners should consider the following types of home warranty programs:
- Manufacturer-recommended warranty programs offered by the builder or contractor
- Independent warranty companies that specialize in residential property warranties
- Premium warranty plans that offer additional features and benefits