7 Questions To Ask Before Buying A Home Warranty

What is a Home Warranty and Why Do I Need One?

• What are the main benefits of a home warranty?
• How does it work, and what are its limitations?
• Who can purchase a home warranty, and what types of homes are eligible?
• What is excluded from coverage, and how do I report missing or damaged items?

What Types of Home Warranties Are Available?

• Tier 1: Basic Coverage: Limited coverage for minor issues, such as plumbing and electrical problems.
• Tier 2: Standard Coverage: More comprehensive coverage for major issues, including HVAC and appliance replacements.
• Tier 3: Premium Coverage: Highest level of protection with extended warranties on major systems and appliances.

Avoid Common Mistakes When Buying a Home Warranty

1. What are the costs, and how do I pay for my warranty?
2. Can I cancel or modify my coverage at any time?
3. Are there any additional fees or charges associated with certain services or repairs?
4. How does my provider handle claims and customer service?

Conclusion

• Before making a purchase, consult with experts to ensure you have a clear understanding of your needs and budget.
• Be aware of the limitations and exclusions in your warranty contract.
• Don't be afraid to ask questions or seek clarification on any concerns you may have.