As we visit with a lot of Homeowners the question is always asked, “What is a home warranty and how is it different from my homeowners insurance?” I am writing this article to help answer that question and come up with a conclusion; Do you really need both?
A Home Warranty is a one-year service contract that helps protect homeowners from the cost of unexpected breakdowns of major household systems and appliances when they fail due to normal wear-and-tear. If a covered item breaks down a Home Warranty will repair or replace it. No worries. No hassles.
Homeowner or hazard insurance covers private homes. This type of policy combines various personal insurance protections, which can include losses occurring to one’s home and its contents.
Simply put, a home warranty covers your major systems and appliances when they break down (not structural) and insurance covers your home and it’s contents…
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