What is Home Warranty Insurance?A home warranty insurance policy is a service agreement that covers main appliances and systems in the house for a predetermined amount of time, usually a year. For repairs or replacements coordinated by the warranty company, homeowners are required to pay a service fee. There are exceptions and limitations, and the coverage might be renewed. In real estate negotiations, it's frequently utilized to give purchasers more assurance or to entice sellers. For complete security, homeowners should carefully read the terms and think about adding regular homeowners insurance.
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