What Is a Home Warranty?
A home warranty is a comprehensive agreement that covers the repair or replacement of various home systems and appliances under specific conditions. It typically includes coverage for critical components such as HVAC systems, plumbing, electrical work, and major appliances like dishwashers and refrigerators.
Benefits of Having a Home Warranty
A home warranty offers numerous benefits to homeowners, including:
- Saved Money: Home warranties can help you avoid costly repairs by providing financial protection against unexpected expenses.
- Increased Peace of Mind: Knowing that your home is protected in case of unexpected issues can give you peace of mind and reduce stress.
- Wider Coverage Options: Home warranties often include coverage for additional systems and appliances, such as water filtration systems and air purification units.
Types of Home Warranties
There are different types of home warranties available, including:
- Manufacturer's Warranty:** Covers defects in the home's original equipment manufacturer (OEM).
- Seller's Warranty:** Covers defects in the home's construction and installation. This type of warranty is often included with new homes or condos.
- Service Contract:** Offers a comprehensive coverage package for specific systems and appliances, such as plumbing, HVAC, and electrical work.
https://www.greenprophet.com/2023/08/tiny-house-home-warranty/