Are you considering purchasing a home warranty? Before making the purchase, it's essential to understand what your coverage entails. Here are 7 key questions to ask before buying a home warranty:
A typical home warranty includes repairs and replacements for major appliances, systems, and components. However, it may not cover minor issues or maintenance costs.
The warranty usually covers your entire home, including the structure, walls, floors, ceilings, plumbing, and HVAC systems. Some warranties may also cover specific appliances or systems.
The length of time covered under a home warranty varies depending on the provider. Typical coverage periods range from 1 to 5 years, with some extended warranties available.
Some common exclusions include:
| Category | Exclusion |
|---|---|
| Appliances (e.g., refrigerators, ovens) | No coverage for normal wear and tear or maintenance costs. |
| Safety devices (e.g., smoke detectors, carbon monoxide detectors) | No coverage for malfunctioning or faulty installations. |
| Electrical work | No coverage for electrical issues related to normal usage or minor maintenance. |
Some warranties may also include limitations, such as:
| Category | Limitation |
|---|---|
| Inspections | The warranty company may not inspect the property if they determine it to be in disrepair. |
| Work hours and availability | The warranty service provider's work hours and availability may affect coverage times. |
https://sthint.com/2023/09/7-questions-to-ask-before-buying-a-home-warranty/