What is a Home Warranty? Costs, Benefits & Coverage

The legal definition of a home warranty, as designated by the Cornell Legal Information Institute, is a service contract that covers a major housing systemfor example, plumbing or electrical wiringfor a set period of time from the date a house is sold. These contracts protect homeowners from the high cost of unexpected appliance breakdowns and system failures. With a home warranty, youll be covered whether your refrigerator stops running or your plumbing stops up and that can save you both money and frustration. Home warranties are service contracts that promise prompt, effective service for problems with your covered home appliances and systems. They offer protection not just for your home, but for your budget and time. A home warranty covers systems and appliances within the home, that suffer from degradation over time and prolonged use. The extent of coverage is determined by the policyholder. Customization is possible, for the plan best suited for your home. A typical plan covers:

If youd like more extensive coverage, you can opt for a more comprehensive plan. A Total Plan from Choice Home Warranty includes all of the above as well as your:

You can even customize your plan to include additional coverage for other systems in your home. This personalization lets you to build a plan thats exactly what you need for your home. Some of the optional add-ons you can select include coverage for:

Tailor your warranty to include coverage for the systems that matter most. If youre concerned about the age or reliability of particular parts of your home, you can build a plan that protects those elements. If your system needs extensive repairs or a full replacement, your warranty can then offer all the coverage you need for the incident, so a potential disaster becomes a minor addition to your to-do list thanks to the convenience of your home warranty.

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What is a Home Warranty? Costs, Benefits & Coverage