Home Warranty Insurance - It Will Pay to Know the Difference From Conventional Home Insurance If you are planning to sell your home, offering a potential buyer a home warranty insurance policy may give you an edge over other sellers. The advantages of home warranty insurance is that it protects the future homeowner from unexpected repair costs to things such as the home�s plumbing, heating system, appliances and even air conditioning units. Depending on your insurance policy coverage, you may be able to extend it to cover smaller items such as ceiling fans, garborators, garage door opens, water softeners and microwaves for a nominal cost.Home warranty insurance versus Homeowners insurance Some people get confused with homeowners insurance and home warranty insurance. The two don't overlap and there is a clear distinction which policy covers what. For example, if your hot water tank bursts and the drywall in the room requires replacing, your home owner's insurance policy would cover the drywall and your home warranty would cover the hot water tank. Unfortunately, you have to deal with two separate companies if your insurance policies aren't with the same company. The great news about home warranty insurance is that the age of your home is irrelevant. As long as all items being covered under the policy are in good working condition when the contract is signed, you can be covered. This type of insurance coverage is relatively cheap as it ranges between $300 and $400 a year. You do have to pay for service calls however when you make a claim. They often range between $30 and $50 per call. Do your due diligence before selecting a company Home warranty insurance is offered by a number of companies. The key is find a company that is established and you are certain will be around in the future. Ask for references to see that they offer hassle free claims to their customers. There are a number of companies that offer free online insurance quotes. You will see that they all offer different coverage, deductibles and limits. Be sure to check them out thoroughly before signing any policy. 
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