A Look Into Home Warranty - What Does It Entail And Do You Need It

A home warranty is a service agreement that covers the repair or replacement of major appliances, systems, and components in your home. The purpose of a home warranty is to provide financial protection against unexpected repairs and replacements, which can be costly and time-consuming.

What Does a Home Warranty Typically Cover?

• Refrigerator and freezer repair
• Dishwasher repair
• Water heater repair and replacement
• Cooktop and rangehood repair
• Plumbing repairs (including leaky faucets and toilets)

What Does a Home Warranty Not Cover?

A home warranty typically does not cover:

1. Routine maintenance tasks (such as cleaning and inspecting appliances)
2. Repair or replacement of small appliances (e.g. coffee makers, toasters)
3. Home renovations or improvements

Do You Need a Home Warranty?

A home warranty can be a valuable investment for homeowners who want peace of mind and financial protection in case of unexpected repairs and replacements. However, it's essential to weigh the costs against the potential benefits.

Consider the following factors before purchasing a home warranty:

• Deductible amounts
• Service frequency (e.g. weekly or monthly visits)
• Coverage period (e.g. one-time payment for repairs, or ongoing monthly payments)
• Provider reputation and customer reviews