Home Warranty Facts Every Home Owner Should Know

What's the Difference between a Home Warranty and Home Insurance?

A home owner warranty is designed to protect your home's appliances and systems from breakdowns caused by normal wear and tear. Home owners insurance pays for damages and loss caused by covered perils like fire and weather damage, but it won't help you if your washing machine simply breaks down.

What does a Home Warranty Cover?

A home warranty will cover your home's crucial systems and appliances, as long as they are in working order when the contract is entered into with the warranty company. Make sure you have reviewed your contract and coverage before you need it.

Make sure you're clear on:                   

  • What is covered by the home warranty, and what is not.
  • Any cap limits on coverage
  • Any deductibles or trade call fees               

Will I Need Multiple Home Owner's Warranties?

When purchasing, consider premium and optional coverage to customize the plan to fit your needs. For example, you may want coverage for your second refrigerator or an outdoor pool. These are not typically covered by a standard home warranty?

What is a "Trade Call Fee" and what is it for?

The "TRADE CALL FEE" is a small fee (deductible) the homeowner pays to have the service provider come to the home to diagnose a problem. This fee covers the visit and the amount is clearly stated on every contract.

Will Every Home Appliance Breakdown be Covered?

Not all breakdowns are covered. Our contract spells out, section by section, what is covered in each plan and option and what is not. You can view sample contracts online from Home Warranty of America HWA Costs and Coverage areas. Their customer service team is also available to walk you through the coverage details and answer your questions.

What Home Appliances will be covered?

Home appliance coverage depends upon the plan you pick and the state you live in. Home warranty plans can be customized to meet your home's appliances needs.

How Do Homeowners Request Service?

Homeowners can file a claim online 24 hours a day. Claims can also be phoned in to our customer service representatives. Most insurance providers take service requests 24 hours a day, 7 days a week, 365 days a year.

I'm selling my home, should I purchase a home warranty?

There are some very good reasons to pay for a home warranty when selling your home.  Providing a warranty can help set your home apart from the competition. Buyers will appreciate having a warranty and will feel more comfortable about buying your home without worrying about hidden problems. Providing a warranty can even result in a higher price, offsetting the cost.  Certainly it can make it easier for a buyer to make an offer. These assets make the home warranty an excellent marketing tool.  

In addition to marketing advantages, you could also avoid getting sued down the road.  When a major appliance, heating or air conditioning system goes bad shortly after a home is sold, it's not uncommon for the buyer to blame the seller. Unfortunately, this can and does lead to lawsuits. Providing a home warranty with the sale of your home can go a long way towards preventing these types of suits. In some areas where lawsuits are particularly common, many homes are sold with a home warranty included.   A home warranty can help to minimize post-sale conflict when selling your home by adding an Home Warranty of America home warranty to your transaction. When the unexpected happens, HWA's got you covered

What is a Home Buyers Warranty?

Gain peace of mind when purchasing a new house, with a home warranty plan from Home Warranty of America. When your appliances break down you'll be protected!  If you are buying a home and it doesn't come with a warranty, you may want to consider paying for one yourself. The first year after buying a home is a time when most people don't have a lot of cash on hand to cover problems that might arise. Having a one year home warranty in place can provide peace of mind during this time, and if something does break down, could really save your budget.