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Home Warranties questions, answered by experts

Several factors make a home warranty worth it or not, especially the age of your home and the condition and age of the appliances in it. If you buy an older home with most or all original appliances, a warranty may be worth the investment as these home features are more likely to need repairs or replacements. However, if you’re buying a new-construction home, a warranty may already be included, and you may not need to use it for several years. In this case, purchasing add-ons may not be worth the cost until a few years later.

Home warranties can protect the buyer, the seller, or both, depending on when the coverage begins. Sellers who buy home warranties while their homes are on the market protect themselves from out-of-pocket costs leading up to closing and to their buyers after closing. Buyers who purchase coverage that kicks in after closing will only be protecting themselves.

Reputable home warranty companies don’t have hidden costs, but it is important to understand the structure of your agreement and home warranties in general before signing up for one. The most significant and predictable cost you’ll incur is the monthly price. In addition to that, you’ll have to pay the service fee—an average of $85—every time you need to call in a professional for a repair or replacement. The service fee is usually much less than the repair or replacement would otherwise cost, but it’s worth considering in your total.

Yes, often using a professional installer ensures compliance with warranty terms.

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.

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The Rosedale, IN 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.