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Home Warranties questions, answered by experts

A home warranty is like a protection plan for things that insurance wouldn’t normally cover. You pay a monthly or annual fee to maintain coverage, and your home warranty provider will cover the cost of repair or replacement for covered items if something breaks down. The idea of a home warranty is that it provides you with peace of mind that you won’t have unexpected appliance or home system repair costs. They can also make your home more valuable to buyers, as they help ensure they won’t face high repair costs after putting a large down payment on a house.

Home warranties are not a necessity, but they’re great for providing peace of mind, even if you already have homeowner’s insurance. A traditional insurance policy usually only covers disasters, like a tree falling into your home, fires, floods, theft, and major vandalism. A home warranty covers individual items, including breakdowns and damage from wear and tear and old age. Unlike with insurance, a home warranty might cover a refrigerator repair or the replacement cost of an oven. Many homeowners find a home warranty is great to have alongside insurance for total coverage.

The cost to install a standby generator is considerable, but they usually come with a warranty. The number of years this is valid for and what it covers will vary. Typically, they last between two and five years, but they don’t normally cover annual services and tune-ups.

Yes, many repairs include warranty service if the unit is still under coverage. Confirm with your provider.

It’s not standard for a seller to buy a home warranty, but it is relatively common. Not only does the warranty protect the seller from unexpected repair costs leading up to closing, but it also can make their home more attractive to buyers, as it commonly transfers to the new owner and offers them the same protection.

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The Dallas, TX 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.