All You Need To Know About Home Warranties
Residential service contracts offer coverage for repairs and maintenance of household systems and appliances. These are called Home Warranties. Home warranties are entirely distinct from homeowners insurance, and they are also distinct from structural warranties, which are applied to new homes by builders and not to existing homes. The homeowner contacts the home warranty provider if one of their appliances or systems is damaged. In most cases, the warranty company will work closely with a home service provider, such as a plumber or an electrician. Upon receiving a claim notification, the warranty company requests the assistance of one of its partnering contractors, who then assesses the damage and provides a written report to the warranty company. Coverage Under Home Warranties Assessing the appliance reveals possible causes of damage and the extent of the damage. The homeowner warranty provider confirms whether the appliance or system is covered by the contract. In case the repair