What is a Home Warranty?

A home warranty is a contract between you and an insurance company that covers repairs and replacements for major components of your home, such as appliances, plumbing, electrical systems, and HVAC systems. It's like having a safety net to protect against costly damages or breakdowns.

Debunking Common Misconceptions About Home Warranties

• Mistaking a home warranty as an extension of your homeowner's insurance can be misleading. While some home warranties may overlap, they are not always the same.
• Home warranties only cover major components, leaving other repairs or maintenance costs to be borne by you.
• The cost of a home warranty is comparable to or even less than the cost of a traditional homeowner's insurance policy for many homeowners.
• Home warranties may not cover all damages or issues, so it's essential to read and understand your contract before signing up.