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Home Warranties questions, answered by experts

A roof certification is a bit like a warranty, but it doesn’t involve the installation of a roof. You will receive a roof certification after a roof repair job. The roofer gives you a limited warranty, guaranteeing the work for a period of time, usually a year or more. This can be helpful if you’re trying to sell your home after completing roof repair work.

The roof warranty is part of a new roof installation. It protects you against defects in the materials for usually 20 years or more. Many roof installers include workmanship warranties, which protect you against installation errors, for about five years or more.

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 good news is that most home warranty plans cover hot water heaters, regardless of whether you have a tank or a tankless model. Your hot water heater should be covered by your home warranty because it's considered an essential home appliance.

Most home warranty companies will accept either monthly payments throughout your contract term or a one-time payment upfront that covers all monthly payments for the entire contract. In most cases, paying for the home warranty contract in full up front will mean paying less in the long run, as most providers offer a discount for full-contract payments. Keep in mind that, in either case, you’ll still likely have some costs throughout the life of your coverage, like paying service fees for each service call you make and paying repair and replacement costs after you reach your coverage limits.

A seller’s home warranty normally excludes intentional damage, issues that arise due to a lack of maintenance, and cosmetic repairs. Each warranty can also have specific exclusions, like certain types of heating or cooling systems and certain components within your appliances and home systems. Most home warranties will also have coverage caps, and once you reach payouts that match the caps, all repairs will be excluded.

The Alexander, NY 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.