Considering A Home Warranty? Know What They Do And Don'T Cover

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Always Choose Your Home Insurance Policy Carefully After I purchased my first home, I was so eager to get my home insurance policy activated that I quickly ordered a policy online with no guidance from anyone more experienced with home insurance policies. I thought they were pretty much "all the same" and didn't realize that there were specific features that were important in my new area, such as extra flood insurance. I didn't even realize my new home was in a flood-prone area, but I quickly learned my lesson when a heavy rain led to water accumulating in my basement. Thankfully, the flooding was not too severe, but I then put a lot of research into home insurance policies to be sure I updated my policy with all of the coverage options I needed. I am eager to help others navigate the complicated world of home insurance by posting what I learned on my new blog!

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A home warranty can be a great way to give you peace of mind about the home you are about to purchase. If something were to go wrong with a major appliance in your house soon after moving in, the warranty helps pay for the repair or replacement of the item. Since you will be putting down a lot of cash for closing costs and a down payment, having coverage in this way can prevent breaking the bank if something unexpected happens. Before you get that home warranty, it is important to know what is and is not covered by them.

What's Covered

In general, expect all of the major appliances to be covered. This includes your common appliances, such as washer, dryer, dishwasher, refrigerator. It should also cover the odd items as well, like a dehumidifier and sump pump. Mechanical items like an automatic garage door opener will also be covered if it unexpectedly breaks. Your home's water heater also should be covered if it stops working

One very important items a home warranty will cover is the HVAC system. This is because you may not be able to fully test it before you buy your home. If you purchased during the winter, you would have not been able to start up the air conditioner to test it without causing damage, leaving you with a mystery about if it works in the spring. Thankfully, you'll have protection if your air conditioner is dead when you start it up for the first time.

What's Not Covered

Do not expect any damage caused by a failed appliance to be covered. For instance, if your hot water heater rusts through the tank and empties gallons of water onto your floor, you will be responsible for repairing the damage.

If you have a roof leak after you move in, a home warranty will not help you out. This is a problem better off covered by your home insurance, which can pay for the repair and the damage that was caused when water entered your home.

Be sure to check if any outside plumbing is covered as well. You may be surprised to learn that a septic tank or outdoor sprinkler system is not covered if they break down prematurely. There may also be special clauses for anything that you know what broken before you purchased the home.

Still have questions? Be sure to ask a company like America's Preferred Home Warranty that will supply you with the home warranty.

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