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Home Warranties questions, answered by experts

Many benefits come with buying a home warranty when selling your home, but there are drawbacks to consider, too. 

Pros

  • Peace of mind of home repair coverage

  • Incentive for buyers

  • Transferability to new owners

  • Prevent post-sale issues

Cons

  • Expensive cost

  • Exclusions of certain features or appliances

  • Coverage limits

  • Often difficult to understand

  • Potential wait for claim service 

The standard HVAC warranty is around five years. Still, many brands offer an extension to 10 years if you register the product within a specific timeframe, typically 60 to 90 days post-purchase or HVAC installation. Over the past decade, warranty periods have substantially increased, shifting from 3-5 years in the 90s to the now-prevalent 10+ year warranties. Both warranty types cover parts failing due to manufacturer defects, incurring no additional costs. Some manufacturers provide extended warranties surpassing the usual 15- to 20-year window, though these often involve extra fees. 

Most home warranties last for a year, and you pay either for the entire year up front or you agree to pay monthly. Some home warranty providers let you extend the contract term to two, three, four, or even five years, and in some cases, contract terms can go up to ten years.

Many water heaters come with warranties provided by the manufacturer or retailer. It’s important to understand how your water heater warranty works, so you know what is covered and what isn’t. Water heaters last, on average, between eight and 15 years, so if the warranty offered isn’t long enough for your comfort, you can choose to look into and purchase an extended warranty.

Before you replace your windows, check your home warranty. Many home warranties don’t cover windows at all, while some have specific clauses about what they will and will not cover and what might void the warranty. If you have any questions, reach out to your insurance specialist, and never make assumptions.

The Kotzebue, AK homeowners’ guide to home warranties

From average costs to expert advice, get all the answers you need to get your job done.

  • Mother cooking with her daughter

    If you’re looking to add a level of protection to your home’s appliances and systems (like plumbing), you may be considering purchasing a home warranty. Keep reading to learn about the various pros and cons associated with common home warranty plans.

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