Plumbing and electrical equipment and systems.Kitchen appliances like garbage disposals, built-in microwaves, ovens and refrigerators.Typical systems and appliances covered by a home warranty include: But instead of calling the landlord to come deal with costly repairs, you call the home warranty company. This proves especially true if your house is older and the appliances are no longer under factory warranty. Think of it like this: A home warranty can give you the same financial peace of mind you may have had as a renter. That's where a home warranty can pick up the coverage. But it won't provide coverage if your air conditioner goes out in the heat of summer or if your water heater stops heating in the cold of winter. You file claims for major events like fires, hail, property crimes and certain types of water damage, along with the unexpected damage or loss of your home and personal possessions with your homeowners insurance. While they both involve your home, they cover different needs. Is a home warranty the same as homeowners insurance? Examples can include the furnace, HVAC, plumbing and electrical. What's a home warranty?Ī home warranty is a service plan that covers most parts and labor costs to repair or replace major household appliances and system components. We help ensure that you have what you need for your coverage. Is it different than homeowners insurance?Īt USAA, we help you make informed decisions by giving you answers and resources.You may have questions whether you know about real estate or you're a first-time homebuyer. Having a home warranty can benefit buyers and sellers because it helps protect against unexpected costs and repair issues during closing. If the seller doesn't offer a warranty, it's OK to ask your real estate agent to request one. But with home sales through the roof and sellers getting multiple offers, sellers are including this benefit less often. In the past, sellers commonly included a one-year home warranty to sweeten the pot for buyers. When you go through the homebuying process, odds are good you'll be asked if you'd like a home warranty.
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