Homeowners have a lot on their plate when it comes to budgeting and protecting their homes. With that in mind, the right home warranty plan can end up saving you thousands of dollars when home appliances and systems break down. But is it a good idea to buy a home warranty, especially if you already have homeowners insurance?
We’re here to tell you that a home warranty is not only worth it—it’s essential.
Give us a call today to get your answers fast and receive a free quote to compare your options: 860-288-4791
Do I Need A Home Warranty If I Have Homeowners Insurance?
The short answer is yes. A home warranty and homeowners insurance are two very different pieces of coverage. Having both is important when it comes to protecting your assets and saving you money in the long run.
Many people get these two kinds of plans confused. With so much information and so many different providers to choose from, it’s easy to see why. So, let’s break things down and take a look at what separates homeowners insurance from a home warranty.
Homeowners Insurance Vs. Home Warranty
Homeowners insurance, or home insurance as it’s sometimes called, protects your home and belongings in accidental cases. Events such as fires, thefts, fallen trees, floods, and other natural disasters are usually covered under a homeowners insurance policy.
Home warranty coverage, on the other hand, protects appliances and other systems within your home when they break down from daily use. Let’s say your trusty refrigerator decides today is the day it’s kept your food cold long enough, and the compressor gives out. A home warranty can save the day by covering repairs or replacement costs.
In short, homeowners insurance helps during accidental damages and a home warranty helps during appliance or system breakdowns from normal, everyday use.
What Does Homeowners Insurance Actually Cover?
Homeowners insurance typically covers four main categories:
- Other Structures
- Personal Belongings
Let’s take a closer look at these four areas to see how homeowners insurance typically protects you:
Dwelling Coverage – This can help you repair or rebuild both the interior and exterior of your home. Fire, lightning, hail, and some other types of natural disasters are usually covered under this category when they are the cause of damages to your home.
Other Structure Coverage – Constructions on your property such as fences, sheds, and detached garages fall under this kind of coverage. When these kinds of structures are damaged under accidental circumstances, this area of home insurance can protect you.
Personal Property Coverage – Items such as furniture, electronics, and clothing can be replaced or their value reimbursed when they are damaged or stolen.
Liability Coverage – If you are found liable when another person is injured on your property, liability coverage can help pay for medical fees, lost wages, repairs to their damaged property, and your legal fees if you are sued.
What Does A Home Warranty Actually Cover?
A Select home warranty covers the mechanical wear and tear of a wide variety of appliances and systems within your home. If these need repair or replacement, a home warranty even helps alleviate the headache of finding the right repair person or contractor to get the job done.
Let’s look at the kinds of items that a home warranty can protect:
Home Appliances – A home warranty typically covers kitchen appliances, laundry appliances, as well as yard and outdoor appliances. Everything from your oven and microwave to your garage door opener and pool can be protected by a home warranty.
Home Systems – All the operations that keep your home running smoothly can also be covered under a home warranty. All of your HVAC, water, electric, and plumbing systems are supported. Even leaky roof repairs can be covered.
Some Things You Might Not Expect – There are even a few areas you didn’t know a home warranty covers. These include sump pumps, sprinkler systems, garbage disposals, pools, and spas.
Choosing The Right Home Warranty
Select Home Warranty offers a variety of coverage options for appliances and systems in your home. Our tiered plans give you the flexibility to find the plan and pricing that is right for you.
Give us a call at 860-288-4791 to ask us any questions you may have and receive a free quote.
You can also sign up online for a free quote and choose between our Platinum, Gold, or Bronze Care home warranty coverage plans. Options vary between core appliances, such as washing machines, refrigerators, and dishwashers, to core systems including heating, plumbing, and electrical. Our Platinum plan provides coverage on all of our listed core appliances and systems.
We also offer optional add-ons for pools, septic, well pumps, or others not included in your choice of plan.
Once your home warranty coverage kicks in, don’t hesitate to reach out if you experience any problems.
8 Common Home Warranty Coverage Questions
Take a look at these common questions we receive from those seeking coverage:
- Are sump pumps covered by a home warranty?
Yes, we offer home warranty sump pump coverage. The agreement covers components of the sump pump for ground water, provided the pump is within the foundation of the covered home.
- Do home warranties cover fireplaces?
No, Select Home Warranty does not cover fireplaces or chimneys.
- Are there home warranties for garage doors?
Yes, we offer home warranty coverage on garage doors. This includes control boards, motors, chains, belts and gears, as well as the pulley, sheave fork, axle bolts, and switches.
- Do home warranties cover sprinkler systems?
Yes, we offer home warranty coverage on lawn sprinkler systems. This includes all mechanical components that affect operation.
- Do home warranties cover pools?
Yes, we offer home warranty coverage on the following pool or spa components, including the pumping system, filtration system, and heating system. This agreement covers both the pool and/or hot tub or spa if they use common equipment. In the event the pool and spa or hot tub do not use common equipment, then only one will be covered.
- Will my home warranty cover electric systems?
Yes, we offer home warranty coverage on electrical system components. This includes wiring, service panels, sub-panels, switches, breakers, outlets, junction boxes, and ground fault interrupters.
- Will a home warranty cover my plumbing system?
Yes, we offer home warranty coverage on plumbing system components, including line leaks in water, drain, waste, or vent lines not caused by damage resulting from freezing or from roots, toilet bowls, toilet tanks, toilet flushing mechanisms, angle stops, and risers. We also offer coverage on stoppages in drain, vent, and sewer lines up to 100 feet from the access point, except if caused by roots. Mainline stoppages are only cleared when there is an accessible ground level clean out. We also offer septic system coverage.
- Do home warranties cover garbage disposals?
Yes, we offer garbage disposal coverage, including all modules, components, and parts of the garbage disposal necessary to its function.
Everything Your Select Home Warranty Can Cover
1. Kitchen Appliances
Since these are assets used every day by families, it’s important to be ready in case of a breakdown. Kitchen appliances will typically last for years, but when they fail, you can incur high costs for a repair or replacement if you don’t have a home warranty.
- Oven & Cooktop
- Garbage Disposal
- Stand Alone Freezer
- Microwave Oven
- Plumbing Stoppage
DID YOU KNOW: The average repair cost of a refrigerator can run up to $500?
2. Yard & Outdoor Appliances/Systems
Many important mechanical parts of in-ground pools and spas are covered under some home warranty protection plans, such as the filtration and heating systems. If you take care of your home’s lawn, the sprinkler system can also be covered with a home warranty.
- Pool or Spa
- Lawn Sprinkler System
- Garage Door Opener
DID YOU KNOW: The average repair cost of a pool can run up to $560?
3. Water & Temperature Systems For Living Spaces
One of the most important aspects of your home is the temperature. A home warranty can cover the heating and cooling systems that keep your living spaces comfortable. If you were to experience a breakdown, heating and cooling is often very expensive to repair or replace, but home warranty coverage can help you save.
- Water Heater
- Heating System
- Electrical System
- Central Vacuum
- Roof Leaks
- AC & HVAC System
- Air Ductwork
DID YOU KNOW: The average repair cost for air conditioning can run up to $1,300?
4. Laundry Room Appliances
Washers and dryers are prone to common mechanical mishaps that happen through daily wear and tear. They’re also tough to fix and require special parts that a service professional should be able to help with. Of course, calling upon a professional for washer and dryer repair can be costly in the absence of home warranty coverage.
DID YOU KNOW: The average repair cost of a washer can run up to $450?
5. Plumbing Systems
The last thing you want to encounter as a homeowner is a plumbing issue. Home warranties can cover septic systems, plumbing stoppage, sump pumps, and even well pumps. Don’t get your hands dirty trying to solve these mechanical issues when Select Home Warranty coverage can send over a service professional to get the job done.
- Septic System
- Well Pump
- Sump Pump
DID YOU KNOW: The average repair cost for a plumbing system can run up to $800?
How Home Warranties Work
To gain home warranty coverage, start off by telling us your needs and getting a free quote. You can also call us directly at: 860-288-4791.
When signing up online, you will be directed to our Platinum, Gold, or Bronze home warranty coverage plans. Your choices will vary between core appliances, such as your clothes washer, refrigerator, and dishwasher, to core systems including your heating, plumbing, and electrical systems. Our Platinum plan provides coverage on all our listed core appliances and systems.
Be sure to check the optional add-ons if you require coverage for your pool, septic, well pump, or others not included in your choice of plan.
Once your home warranty coverage kicks in, don’t hesitate to reach out when you experience a problem.
Here are the three steps to have your appliance or system fixed:
- Visit our place a claim page or call us.
- We will contact a local licensed service technician to diagnose your problem. The technician will then contact you to set up an appointment.
- You will pay a modest service fee on the day of the appointment and the covered repair or replacement will be complete.
A Home Warranty Equals Peace Of Mind
Your home appliances and systems are used everyday, and you shouldn’t be punished financially when something goes wrong. From your kitchen to your backyard, you depend on these things to keep your home in order and your family satisfied.
Select home warranty plans are also transferable, so if you’re selling your home, it can be passed along to the buyer. Some new buyers even look for properties with a home warranty, so having one can boost the value of your home and make for a quicker sale when it’s on the market.
Select Home Warranty is here to shield both your home and your wallet. Look out for our special offers where we often include discounts, the first month free, and even free coverage on certain parts of your home!