Home warranties vary from one company to the next in a variety of aspects. These aspects include rates, deductibles and also what is and is not covered under the warranty. However, the vast majority of home warranties will cover these five crucial areas in your home.
The heating system
Most home warranties will cover the heating system in your home. This includes the furnace and the duct work throughout the home. This coverage is important to have because of the large cost associated with having to replace or repair any of the aspects of the heating system. Just the furnace alone can cost you between $1,200 and $3,500 to replace or repair. If there is something wrong with your duct work, that cost could rise even further.
The cooling system
Most home warranties will cover the air conditioner in your home, whether it is a built in, central air conditioning unit, or one that’s been built in to the wall (an outdoor/indoor one). Air conditioning systems can cost anywhere from $700 to $3,275 approximately, depending on the type of air conditioning system installed in the home.
The electrical system
Electrical systems throughout the...
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