What is a home warranty?
A home warranty is a service contract that covers the repair or replacement of major appliances, systems, and components in your home. It's like an insurance policy for your home, but instead of protecting against damage caused by accidents or natural disasters, it protects against unexpected breakdowns and repairs.
What does a home warranty typically cover?
- Major appliances such as refrigerators, ovens, and dishwashers
- Flooring, walls, and ceilings
- Plumbing fixtures and faucets
- HVAC systems
- Chesterfield furniture and mattresses
Do you need a home warranty?
If you're buying a new home, or if your current one is more than 10 years old, a home warranty might be a good idea.
Consider the following factors:
- How old are your appliances and systems?
- Have you experienced any frequent repairs or replacements in the past few years?
- Do you have high-end or specialty items, such as granite countertops or a wine cellar?
- Are you planning to sell your home in the near future?