Are you considering investing in a home warranty? Learn the facts about this popular protection option to help you decide if it's right for your home.
What is a home warranty? A home warranty is an insurance policy that covers major home system repairs and replacements, typically covering costs up to $2,500 per year. It provides financial protection against costly damages or breakdowns in essential systems like plumbing, HVAC, and electrical work.
A well-maintained home can last for decades, but costly repairs or replacements can quickly add up. A home warranty provides peace of mind and financial protection in case something goes wrong.
Major components covered under a home warranty include:
Not all home warranties are created equal, and some may not cover everything. Some common drawbacks include:
A home warranty may be available to homeowners who own their primary residence and meet specific eligibility criteria. Some common requirements include:
At https://www.usersadvice.com/unveiling-home-warranty-facts/, you'll find more detailed information on home warranties, including tips and resources for navigating this protection option.