The purchase of a new home is exciting! It’s likely that when you purchase a home, even if it’s an older one, you’ll be offered a home warranty. Home warranties are offered as a means of protection against unexpected and expensive home repairs.
What is a home warranty?
A home warranty is like an insurance policy. It’s a contract between a home warranty company and a homeowner designed to protect against major home system and appliance breakdowns caused by regular use.
If something breaks down that is covered by the warranty, the homeowner simply calls the company, and the warranty company handles the repair.
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