Home Warranty

What is a home warranty?

A home warranty is either a legal warranty or service contract that covers a homeowner in the event repair or replacement is required for one or more components of the house. Home warranties typically cover appliances, HVAC, plumbing and can vary based on provider and customer preference.

How much does a home warranty cost?

Home warranties typically cost $300 to $600 per year and vary based on location, home type, home size, and coverage options.

Do I need a home warranty?

No, you do not need a home warranty. A home warranty is an optional protection that you can shop for to receive competitive quotes. A home warranty is advisable if you have any concerns regarding the condition of the home's major systems and appliances or your ability to afford proper repair or replacement in the event they unexpectedly fail.

Home Warranty vs Homeowners Insurance

Homeowners insurance provides financial coverage for structural damage and loss of personal property from emergencies such as natural disaster, fire and theft. Unlike a home warranty, homeowners insurance will not cover the home's systems and appliances when they fail due to construction error or age.