What is a Home Warranty?
When you're buying a house the last thing you want to worry about is the mechanical systems and appliances breaking down. But is there anything you can do to protect your home? In fact, there is! It's a home warranty policy. But what does it actually cover and is it worth getting? Let's find out.
A home warranty protects you from the high cost of unexpected failures to major systems and appliances in your home by repairing or replacing them. It’s a lot like a warranty you’d purchase on other things like a electronic items or a new car.
It’s period of time in which your newly purchased house is protected. The home warranty fills in coverage where your homeowners insurance doesn't apply. And while they vary from company to company, in general they cover:
- Kitchen appliances such as your range or oven
- Air Conditioning
- Water Heater
- Heating and electrical system components
Here’s the great thing, when you buy a house with one of the BHURDinUtah team members, we are usually able to negotiate in our contract that the sellers will pay for a one-year home warranty. So if something does happen during that one-year period, you can expect the home warranty to replace or repair that big ticket item which will save you money.
Your home warranty is valuable protection for your finances and your peace of mind. And if it doesn’t cost you a thing, why wouldn’t you do it? That’s one of the differences about working with BHURDinUtah --we’re looking out for you, even after closing day.