What Is A Home Warranty?

The last thing a home buyer wants to worry about after closing is what could possibly break or malfunction in her new home. Since that can cover a multitude of items and systems, for peace of mind, it's a good idea to get a home protection plan. It's especially a good idea to obtain a home warranty if you're a first-time home buyer with no experience maintaining a home.

What is A Home Warranty? 
Home warranty is an appliance service protection plan that covers the maintenance expenses associated with household items such as refrigerator, dishwasher, HVAC units, plumbing system, electrical wiring etc. Your home owner’s insurance will insure against natural disasters such as fire and flood but it will NOT cover the maintenance and repair charges.
When your air conditioner or heater stops working, you will place a service request with a home warranty company who will send the technician out for repair. Home warranty plan will also replace the equipment if it cannot be repaired. Home warranty will essentially give you the peace of mind. You don’t need to spend thousands of dollars if your dying air conditioner breaks apart at the middle of the night. On this website, we help you choose the right plan that fits your needs.

How Do They Work?
Although specific plans provide for specific types of coverage, most operate the same way.

• If a home system or appliance breaks or stops working, the home owner calls the home warranty company.
• The home warranty company calls a provider with which it has a business arrangement.
• The specific provider calls the home owner to make an appointment.
• The provider fixes the problem. If an appliance is malfunctioning and cannot be repaired, depending on contract coverage, the home warranty company will pay to replace and install the appliance.
• The home owner pays a small trade service fee (less than $100).

What is Not Covered?

• Outdoor items such as sprinklers
• Faucet repairs are not covered under all plans
• Not all plans pay for refrigerators, washers & dryers or garage door openers
• Spa or pools, unless specific coverage requested
• Permit fees
• Haul aways

What Can Cause Denial of Payment?

• Improper maintenance
• Code violations
• Unusual wear and tear
• Improper installation

General Coverage

• Air conditioning
• Dishwashers
• Doorbells
• Furnace / heating
• Water heater
• Ductwork
• Garbage disposal
• Inside plumbing stoppages
• Ceiling fans
• Electrical systems
• Range and oven
• Telephone wiring

Because coverage's vary from state to state and from policy to policy, ask to see a sample copy of a policy before you commit.

The Home Warranty Protection policy is a wonderful way to guard you and your buyer from unexpected repairs that can and do crop up without warning. During the home buying /selling process is no time for either party to have to disburse more money, especially for repairs.

1. It will potentially save you money
2. It will repair or replace any covered item
3. The cost of a Home Warranty is only a small part of the cost of replacing a major appliance
4. It gives an incentive to the sale to any potential home buyer
5. The Home Warranty will reduce any buyers worry about purchasing your home, mainly if you have an older home
6. It also relives a buyer of any worries that you failed to disclose a material defect on the home disclosure
7. Moreover, it will help put off the buyer from trying to sue you for failing to reveal any of the homes major defects on the home disclosure