10 things a home warranty doesn’t cover
A home warranty is a contract with a company that agrees to pay to fix or replace major systems and appliances in your house if they malfunction or stop working. Unlike homeowner’s insurance, which covers damage caused by unforeseen events, home warranty guards against everyday wear and tear of household systems and devices. While the policy can be beneficial, you must carefully read the fine print. Here are ten things a home warranty doesn’t cover. Pre-existing problems Most home warranty policies don’t pay for fixing or replacing anything damaged or malfunctioning before the warranty was bought. You must pay from your pocket to resolve the problem in such a situation.
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