When you purchase a home that isn't new there is a very good chance your Real Estate Agent will negotiate a home warranty from the seller. This is a safety net against expensive, unforeseen repairs. A home warranty is not the same thing as homeowners insurance that covers things such as fires, hail damage, property crimes and certain types of water damage. A home warranty is a contract between a homeowner and a home warranty company that provides discounted repair and replacement service on a home's major components. Major components such as the HVAC system, plumbing and electrical system. Some home warranties may cover major appliances such as clothes washers, dryers, refrigerators, and swimming pools. For more information about what a home warranty covers talk to your Home Warranty representative.
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