12/03/2019
Why Homeowners Benefit from Home Warranty
A lot of homeowners ask the following question: I already have homeowner’s insurance, so why do I need a home warranty as well? It’s a fair question to be sure, but what most homeowners don’t understand is that these two policies actually cover very different things. Homeowner’s insurance covers things like structural damage caused by fire, vandalism, hail, or other scenarios. A home warranty, though, covers your appliances and systems if they break down.
A home warranty is a tremendous benefit to homeowners as it covers the important major appliances and systems that they use every day. Things like your refrigerator, clothes dryer, and HVAC system aren’t covered by your homeowner’s insurance, and if they stop working, you are stuck without a home warranty. Fortunately, a home warranty policy is available online, so home appliance protection is just a click away.
What You Get With Your Home Warranty
These are the most common products offered by business lenders:
As you can see, a home warranty is a godsend when you need it. It's important to understand what is covered under your home warranty policy though, so you aren't stuck paying out of pocket for damage that you thought was taken care of by the policy. While every home warranty service can decide what they cover, in general, these policies cover normal wear and tear of specific systems and appliances around your home.
Normal wear and tear is damage that occurs from using the item in the regular way that it was intended to be used by the manufacturer. So, a home warranty will cover your washing machine if the drain pump stops working, but it will not cover it if one of your kids stuck the cat inside and put it on spin cycle. Pre-existing conditions are not covered nor is damage from natural disasters.
The following appliances and systems are generally covered, though some will require a premium membership:
Heating
Electrical
Plumbing
Plumbing stoppage
Water heater
Whirlpool bathtub
Microwave
Cooktop
Oven/range/stove
Dishwasher
Garbage disposal
Additional coverage can be bought for items such as:
Pools and spas
Well pumps
Central vacuums
Second refrigerators
Limited roof leaks
Stand alone freezer
Sump pump
Septic system
Septic tank pumping
Shield your wallet with a Choice Home Warranty, Click on the following link: https://www.chwpricing.com/a/a69/index.php?utm_source=cjfm&utm_campaign=SUBID
