Complete Warranty For Free

The bottom-line difference with regards to warranty vs. insurance is that insurance covers unexpected events that lead to damage, while warranties cover events that are somewhat expected, such as the aging and ultimate breakdown of appliances and systems.

In both cases, you'll pay a fee to your provider in exchange for protecting your home and the things inside it. A home warranty covers you primarily for normal wear and tear of certain major appliances and systems. On the other hand, homeowners insurance covers damage to the house and contents due to covered perils.

The Benefits of a Home Warranty Like all warranties, a home warranty is supposed to protect against expensive, unforeseen repair bills and provide peace of mind. For a homeowner who doesn't have an emergency fund or wants to reserve it for other things, a home warranty can act as a buffer.

In most cases, home warranties do not cover known pre-existing conditions. This is because warranty providers expect homeowners to repair or replace faulty systems or appliances before purchasing a warranty plan.

It's important to note that home warranties do not cover preexisting conditions or items that have been improperly maintained or installed. Additionally, some plans may limit coverage amounts and service fees, so it's important to read the terms and conditions carefully before purchasing a home warranty.

Warranties commonly cover defects in workmanship but may also cover physical abuse. Support service for products may also be covered by warranty, ensuring not only that a product functions as intended but that the customer has assistance in understanding its operation.

Call your home warranty company's customer service line as soon as a covered appliance or system malfunctions. The phone number is in your contract and available online. Company websites will often have client portals where you can place a service request by submitting a form.