7 Essential Questions To Ask Before Purchasing A Home Warranty

A home warranty can provide peace of mind and financial protection against unexpected repair or replacement costs. However, it's essential to ask the right questions before making a purchase.

What Is Covered Under A Home Warranty?

A standard home warranty typically covers common household repairs and replacements, such as:

• Appliance maintenance (e.g., water heater, dishwasher)
• Plumbing issues (e.g., leaky faucets, clogged drains)
• Electrical problems (e.g., faulty outlets, circuit breakers)
• HVAC and heating system repairs

What Is Not Covered Under A Home Warranty?

The following items are typically not covered by a standard home warranty:

1. Major appliances (e.g., refrigerators, ovens) with long warranties (often 10+ years)
2. Perishable goods (e.g., food, plants)
3. System upgrades or replacements that are not common to the home's structure

What Are The Additional Fees And Costs?

A standard home warranty usually includes a set period (often 1-3 years) before coverage ends. During this time, you may be required to pay:

• Per-unit fees for specific repairs
• Per-appliance fees for minor maintenance and replacements
• Overage fees if the warranty period is exceeded

How Do I Choose The Right Home Warranty Company?

When selecting a home warranty company, consider:

1. Customer reviews and ratings
2. Warranty duration and coverage options
3. Service priority and response times
4. Adequate insurance policies for your location

Final Tips And Considerations

Before purchasing a home warranty, carefully review the policy documents and ask questions to ensure you understand the terms and conditions. Additionally, consider consulting with a licensed insurance professional or contractor to help you make an informed decision.