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Home Warranties: What You Should Know Before Buying
- Precision Property Solutions LLC
- Feb 23, 2018
- 1 min read
"Do not confuse home warranties with insurance on systems and appliances. Insurance on a system or appliance will pay the insured party if there is a malfunction or if the item doesn’t perform as advertised. As a homeowner, you’d receive an insurance payout that would enable you to purchase a replacement item.
Under a home warranty, if a covered system or appliance does not work properly or breaks, the homeowner gets in touch with the warranty company. That company, in turn, gets in touch with the contractors they employ to make the repair. Those contractors are the ones who will come to your house to look at the system or appliance."
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