Every time I write an offer for a buyer I ask them if they would like a home warranty....what is one and what does it actually mean to have one? A home warranty is a one-year service agreement that covers the repair or replacement of many major home system and appliances that could possibly break down over time due to normal wear and tear. A home warranty is a perfect complement to homeowner’s insurance but will not work as a substitute. A home warranty typically covers items that most homeowner’s insurance plans do not cover. Items that are typically covered are central air conditioning/heating systems, kitchen appliances, washer and dryer, plumbing system, electrical system, and roof leaks. If you purchase a home warranty at the time you are buying a home, coverage begins on the day of the closing. Repair bills are expensive, and most of the time they do not come with a warning. A home warranty can act as a buffer, especially for someone who does not have a emergency fund. A home warranty may save you money, depending on what kind of repairs you end up needing. Having a home warranty can make you feel more secure in your home purchase, especially if you’re buying an older home with older appliances and HVAC units. For some homeowners, this is enough of a reason to invest in a home warranty. If you are interested in buying or selling a house, or have questions about home warranties, Give me a call!


Amy Hopfinger
Broker Associate
Homestead Realty Inc.