04/05/2022
A home warranty can be helpful to homeowners.
However, it’s not necessary or right for everyone. Here are some key factors to take into consideration if you’re not sure whether you should get a home warranty:
✔️ A home warranty covers many of the systems and appliances in your home that aren’t covered by homeowners insurance, like HVAC, electrical, plumbing, and some appliances that fail due to age or typical wear and tear.
✔️ This coverage is separate from homeowners insurance. If interested, you’ll need to seek out a policy through a dedicated provider.
✔️ You are still responsible for paying a service fee or deductible every time you use your home warranty and are limited to using service providers who are contracted through your home warranty company.
While a home warranty is not required by mortgage companies, it can provide an added peace of mind to have in addition to your homeowners insurance.
If you’re not sure whether you need home warranty insurance, contact us so we can help guide you.
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