Ultimate Guide To Home Warranty: Is it worth the Money?
A home warranty offers homeowners discounted replacement and repair services on their main home systems and appliances. It’s a good tool to help save money on some of the costliest home repairs youll have. Continue reading to get a deep insight into home warranty and get a detailed overview about it.
What is a home warranty?
Home warranties are commonly mixed up with home insurance. They are annual, renewable home protection policies that cover major home systems and appliances, unlike home insurance. A home warranty covers the price of repair and replacement of the covered items in case of a breakdown because of normal wear and tear.
What Does A Home Warranty Cover?
A home warranty policy covers the main systems and appliances of your home. Home warranty plans are primarily of 3 types:
1. Systems plan
It covers whole-home systems such as:
- Air conditioning