A home warranty offers protection for mechanical systems and attached appliances against unanticipated repair costs; coverage extends over a specific period of time and does not cover the home’s structure. This is optional coverage and is purchased separately from a home warranty company. This type of home warranty is not part of your home owner’s insurance plan. It is purchased through a separate company that specializes in this type of plan. What is covered varies greatly, be sure to read the contract closely.
What is a new construction home warranty?
A new construction home warranty is a guarantee for certain features of a new home, such as the materials and workmanship, main components of the house, etc. The period of warranty time varies with builders.