Home Warranty vs Homeowners Insurance
Homeowners insurance covers damage from events (fire, storms, theft). Home warranties cover breakdowns from normal wear and tear (HVAC, appliances, plumbing). You need both but they cover different things.
Cost Breakdown
| Service | Low | High | Notes |
|---|---|---|---|
| Annual premium | $400 | $700 | — |
| Service call fee | $75 | $150 | — |
| Basic plan (appliances only) | $300 | $500 | — |
| Comprehensive plan | $500 | $800 | — |
| Coverage limit (per item) | $1,500 | $5,000 | — |
Home Warranty vs Homeowners Insurance
Homeowners insurance covers damage from events (fire, storms, theft). Home warranties cover breakdowns from normal wear and tear (HVAC, appliances, plumbing). You need both but they cover different things.
Related Questions
How do I find a good home warranty plan professional?
Check reviews, verify licensing and insurance, get 2-3 quotes, and ask for references from recent projects.
Do I need a permit for home warranty plan?
It depends on the scope. Most cosmetic work doesn't need permits, but structural, electrical, and plumbing changes typically do. Your contractor should know local requirements.
How can I save money on home warranty plan?
Get multiple quotes, schedule during off-peak seasons, bundle multiple projects, and ask about payment discounts.