A household warranty covers service, repair, or replacement of major home systems and appliances. Home guarantees are not the same as homeowners insurance, and it’s important to understand the differences between home guarantee plans.

Home contents insurance versus home contents guarantee

Contents insurance offers protection against unexpected dangers such as hurricanes, snowstorms or theft. A household warranty covers appliances and home systems that are listed in the contract. HOME GUARANTEES ARE GETTING MORE POPULAR – HERE’S WHY. Repair and replacement costs are skyrocketing in our current economy. Homeowners need a way to mitigate these costs.

Home warranty companies, like First American home guarantee, provide security for homeowners, especially in the first year of home ownership. Some systems, like air conditioners and water heaters, can be expensive to repair or replace. A household guarantee helps to cover these costs.

what is included

While each home warranty company can vary in coverage, they typically cover systems including electrical, duct, heating, plumbing, and water heaters. They cover the cost of appliances like air conditioners, dishwashers, garage door openers, garbage disposal, stoves, and refrigerators.

Specific contracts will list included systems and equipment. There are often optional coverages that individuals can purchase in addition to the basic items. Sometimes sump pumps, well pumps or septic tank pumps can be covered. People can add pools and spas in some cases. Interested parties can Visit this page for more informations.

How it works

Once a homeowner purchases a home guarantee, coverage typically begins within 30 days. If a Covered Device or System fails during the warranty period, the Homeowner files a claim with the Provider. The home guarantee company then assigns a technician to the home. According to realtimecampaign.com, this usually happens within 48 hours.

Homeowners must pay a standard fee for service calls made in the…