Understanding Home Warranties: A Guide to Avoiding Common Mistakes

When it comes to home warranties, choosing the right coverage can be overwhelming. To avoid costly mistakes, learn about the key components and pitfalls to watch out for.

Mistake #1: Not Reading the Fine Print

A lack of understanding can lead to unexpected expenses or denied claims. Take the time to review your warranty policy carefully before signing up, and don't hesitate to ask questions if you're unsure about any aspect.

Mistake #2: Not Insuring Major Repairs

Major repairs like plumbing or electrical issues can be expensive to fix. Make sure to have your home covered for these types of situations, as they often require professional attention.

Mistake #3: Not Replacing Wear and Tear Items

Wear and tear items like appliances or flooring can break down over time. Don't forget to include these in your warranty coverage, as they may not be covered if you're away from home for extended periods.