Benefits of Home Warranties
A home warranty provides peace of mind and financial protection in case your home's major systems and appliances fail. It can help you avoid costly repairs and replacements, which can add up quickly.
Types of Home Warranties
- Platinum Warranty: Covers major systems and appliances for a longer period (typically 5-10 years) and includes labor costs.
- Gold Warranty: Offers similar coverage to platinum, with some limitations on materials and labor.
- Premier Warranty: Provides basic protection for most home systems and appliances.
Consequences of Not Paying for a Home Warranty
Not paying for a home warranty can lead to significant financial losses. For example, if you have a water heater that fails and you don't pay for a replacement, you may be left with expensive repairs or even have to replace your home.