How is a home warranty different from homeowners insurance?
A home warranty is an ideal way to save money on your home, especially when it comes to those big ticket items, like replacing a furnace. A home warranty is a service contract that provides coverage for your home systems and appliances when they break down from normal wear and tear. For example, if your furnace breaks down, your home warranty provider would arrange for a technician to repair or replace it if needed, and cover the costs.
Home warranties are often confused with homeowners insurance, but they are different. Homeowners insurance in Downers Grove is required for a mortgage. It provides coverage if your home is hit by disaster or theft. A home warranty provides coverage for your appliances and home systems, which include plumbing, electricial, and HVAC system. Homeowners are finding peace of mind with having both homeowners insurance and a home warranty. A Liberty Home Guard home warranty offers flexible coverage with the most add-ons in the business.