Types of Home Warranty Coverage
Home warranty coverage is designed to provide financial protection against unexpected repairs and replacements for major home systems and appliances. There are several types of home warranty coverage, each with its own set of benefits and limitations.
- System Coverage: Covers most major home systems such as plumbing, electrical, HVAC, and roofing. This type of coverage typically includes parts and labor for repairs and replacements for these systems.
- Ambient Coverage: Covers minor home system issues that do not affect the entire house's functionality. Ambient coverage may include repairs or replacements for minor leaky faucets, loose outlets, and other household items.
- Appliance Coverage: Covers major appliances such as refrigerators, stoves, dishwashers, and washing machines. Appliance coverage typically includes parts and labor for repairs and replacements of these appliances.
Home Warranty Coverage Rules
Home warranty coverage rules vary depending on the provider and the specific policy. Some common rules include:
- Repairs and replacements must be performed by a licensed electrician or plumber unless specified otherwise.
- Homeowners are responsible for maintenance and upkeep of their home's systems and appliances.
- Warranty coverage is typically limited to the first two years of ownership and may not include repairs or replacements for wear and tear or normal usage.