During the time that you purchase your new home or old home, there is a chance that you will be offered a home warranty. It is more common that the people tend to confuse with the idea of a home insurance policy with the home warranty. Though both the home insurance and home warranty does provide the coverage of any emergency conditions, the two are different. Yes! The home warranty is not a home insurance policy. Therefore, whether you are planning to buy a new home or age-old one, indeed, it is better to know the advantages of home warranty which helps you decide to buy a warranty or not.

Understanding home warranty

The home warranty is best designed to cover different aspects of your home and help you out financially in case if you need to make repairs. The warranty may be agreed upon the replacement or repair of the important accessories in your home.

If you have a warranty, then you will have a service contract that indicates all the terms and conditions on the repair or replacement of covered accessories whichever is deemed fit. Standard manufacturer warranty is similar in concept, but they cover the specific items for a fixed term – usually 6 months or 1 year. However, the home warranty applies to a selection of multiple items in your home depending on your contract.

For example, some warranties will cover everything from HVAC systems to fancy appliances to equipment and their motors depending on the coverage options. You have the option to pick the very basic home warranty package to very extensive coverage depending on your needs, budget and how much of a risk you think you might have.

What Is the Best Home Warranty?

The level of coverage depends on the type of warranty programs. Warranty providers come with the packages that are designed to the best interest of customers. Some cover the items like the AC systems, electrical or wiring or even appliances. It can be sure that the best warranty is the one that provides the kind of protection you need for your home.

What Is the Difference Between a Home Warranty and Home Insurance?

A home warranty is a service contract that provides repair or replacement of your covered system components and appliances that fail due to age and standard wear and tear. Whereas a home insurance policy covers any accidental damage to your home and belongings due to theft, storms, fires, and some natural disasters. There are four primary areas covered under the policy: the interior and exterior of your home, personal property in case of theft, loss or damage, and general liability that can arise when a person is injured while on your property.
 

What Is Covered By a Home Warranty?

As mentioned previously, the coverage options differ from company to company. When you decide to purchase a home warranty, make sure the items or appliances that are covered by the specific plan that you intend to purchase before signing up the contract. As an example, here shows the sort of components that are covered under the standard coverage by the leading warranty providers in the Middle East AAA Warranty Services.

- Heating System

- Air Conditioning / Cooler

- Internal Plumbing System           

- Ductwork

- Water Heater

- Internal Electrical System

And the items that come under the optional coverage

- Clothes Washer & Dryer

- Kitchen Refrigerator      

- Ice Maker           

- Freezer               

- Trash Compactor

- Swimming Pool or Spa

With the multiple warranty plans and the quick claim settlement, the company claims its position as the leading home warranty provider. Apart from the home warranty, it provides warranty for electronics, cars, furniture, and marine.

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