If you need assistance, please call 806-599-9901

Protecting Your New Home: Home Warranty vs. Home Insurance

Monday, September 18, 2017   /   by Doug And Sandi Eudey

Protecting Your New Home: Home Warranty vs. Home Insurance

Newly built homes typically come with a one-year warranty on appliances and systems and a 10-year structural warranty provided for by the builder, but an existing home does not typically come with a warranty.


Your homeowners’ insurance, also called hazard insurance, covers the house itself and your personal possessions in case of a fire, theft or damage, but won’t cover you if your AC fails, your water heater tank breaks or your washer and dryer break down; However, there may be some cases that both your Home Warranty and your homeowners’ insurance may cover a portion of the same event. One example of this is severe water damage to the home due to a plumbing failure.  If there is extensive remediation that needs to be addressed due to mold, water damaged floors and walls etc., then both coverages will come into play. Again a home warranty usually will cover repair items and homeowners insurance will cover large catastrophic items.


Some homeowners get frustrated by a home warranty because they assume they can hire anyone they want to make a repair and that if something is broken or old they can simply have the item replaced by the warranty policy. Home warranties offer important protection from unexpected repair bills, but it is important to know which items will be covered.


Feel free to reach out to us with any additional questions or help with determining the best coverage for you.


  amarillo real estate, amarillo realtors, amarillo team, real estate process, home warranty, homeowners insurance

RockOne Realty
Sandi Eudey
3210 S. Georgia Amarillo
Amarillo, TX 79109
806-599-9901
UP5DB701E1507748.jpg
Landry Lloyd
806-367-3513

The multiple listing information is provided by the Amarillo Association of Realtors™from a confidential and copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023 Amarillo Association of Realtors. All Rights Reserved.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale of withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
This site powered by CINC: www.cincpro.com