Home Warranty vs. Homeowners Insurance
Consumer guide to home warranty vs. homeowners insurance.
Editorial note: This guide is educational. Pricing, programs, eligibility and rules can change. Verify important details with current official sources and qualified professionals.
Overview
Home warranties and homeowners insurance address different risks: warranties generally concern covered breakdowns, while insurance commonly addresses covered losses and damage.
What to Consider
Compare the purpose, covered events, exclusions, deductibles or service fees, limits and claim procedures for each product.
Questions to Ask
- What event or failure triggers coverage?
- What fee applies to a claim?
- Where do the two types of coverage leave gaps?