7 Questions To Ask Before Buying A Home Warranty

Understanding Home Warranties

A home warranty is an insurance policy that covers the repair or replacement of major home systems and appliances. However, it's essential to understand what's included and what's not before buying one.

Ask These 7 Questions Before Buying A Home Warranty

1. What are the coverage areas?
   • Is it valid for all rooms in the house?
   • Are there any limitations on what can be covered (e.g., electrical, plumbing, HVAC)?
2. What's included in the coverage?
   • What types of systems and appliances are covered (e.g., HVAC, plumbing, electrical, roofing)?
   • Are there any exclusions or limitations on specific items?
3. What's the deductible?

   A deductible is a fixed amount that you must pay before the warranty coverage kicks in.

4. How long does the warranty last?

   Typically, home warranties last for 1-5 years, depending on the provider and the terms of the policy.

5. What are the renewal options?
   • Is there a minimum term required to renew the warranty?
   • Can you choose from different coverage levels or add-ons?
6. Who's responsible for maintenance and repairs?

   This is usually covered by the provider, but it might depend on the specific policy.