Your Comprehensive Guide to Home Protection
A home warranty is a service contract that covers the repair or replacement of major home systems and appliances when they break down due to normal wear and tear. Unlike homeowners insurance, which protects against sudden and unexpected events like fire or theft, a home warranty covers the cost of repairing or replacing covered items that break down over time.For example, if your refrigerator stops working, your home warranty could cover the cost of repairing or replacing it. Home warranties can provide peace of mind and financial protection for homeowners, especially those with older homes or those who are on a tight budget.Home warranties have been around for decades, and they have become increasingly popular in recent years as the cost of home repairs has risen. Today, there are many different home warranty companies to choose from, each offering a variety of coverage options and prices.
Frequently Asked Questions About Home Warranties
This FAQ section addresses common questions and concerns about home warranties, providing clear and concise answers to help you make informed decisions about protecting your home.
Question 1: What is covered by a home warranty?