What Does Your Home Warranty Cover?

What does your home warranty cover?

What does your home warranty cover?

A home warranty covers repair and replacement costs when your home’s systems and appliances break down from routine use. But which systems and appliances fall under your home warranty’s coverage? A home warranty from 2-10 Home Buyers Warranty (2-10 HBW) can cover up to 21 home systems and appliances. There are 5 common systems and appliances that home warranties cover the most.

  1. HVAC repair and replacement
  2. Water heater repair and replacement
  3. Appliance breakdowns
  4. Plumbing leaks
  5. Stopped up drains

Doesn’t my homeowners insurance cover these things?

No, this is a common misconception. Homeowners insurance covers things like weather damage, fire and theft. It won’t cover things like an HVAC breakdown or broken water heater. That’s why a home warranty is valuable. It picks up where homeowners insurance ends. A home warranty protects you from breakdowns to major systems and appliances. These breakdowns can range from hundreds to thousands of dollars in upfront, out-of-pocket costs.

Now that we’ve cleared that up, let’s look at the most common breakdowns a home warranty from 2-10 HBW covers.

1. HVAC repair and replacement

HVAC repair and replacement is a common home repair covered by a 2-10 HBW home warranty. Most homeowners don’t know how much an HVAC repair or replacement can cost.

  • The average repair cost for an HVAC system is $425.
  • The average replacement cost for an HVAC system is $6,400.

A home warranty from 2-10 HBW protects against these unexpected breakdowns for a fraction of the out-of-pocket costs to you. It doesn’t matter how old your HVAC system is. If it was in good working condition before you signed your Home Warranty Service Agreement, a 2-10 HBW home warranty can cover it.

We’ll first send one of our service contractors to try to repair it. If that doesn’t work, we’ll have our service contractor replace it for you. HVAC breakdowns are one of the biggest reasons a home warranty is valuable. It can save you from unaffordable out-of-pocket costs when you need it most.

2. Water heater repair and replacement

Tank water heaters generally last 10 years. Tankless water heaters can last 20 years. How long it lasts largely depends on maintenance, the type of water in your home and the installation. When your water heater breaks down, a 2-10 HBW home warranty covers you. Our service contractors know how to diagnose water heater problems. They can then determine whether you need a repair or replacement. With the average replacement cost hovering around $1,790, a home warranty protects you when one of the most important systems in your home breaks down.

3. Appliance breakdowns

Your major appliances will break down eventually. They often break down after the manufacturer’s warranty expires, leaving you solely responsible for repairs or replacement. A home warranty from 2-10 HBW addresses this problem directly by covering your most valuable appliances, like the following.

  • Refrigerator
  • Oven/range
  • Dishwasher
  • Garbage disposal
  • Washer/dryer
  • Built-in microwave

You can also protect additional appliances for an additional fee, such as the following.

  • Additional refrigerators outside the kitchen (e.g., in the basement or garage)
  • Wine coolers
  • Standalone freezer
  • Roof leaks
  • Certain septic systems
  • Well pumps
  • Water softeners
  • Pool/spa equipment

4. Plumbing leaks

Plumbing leaks can drain your budget. Leaky faucets and running toilets can cost you hundreds of dollars on your annual water bills. Even worse, plumbing leaks or line breaks can cause serious damage to your home. A systems and appliances home warranty from 2-10 HBW can help you cover some or even all of the costs related to these problems.

5. Stopped up drains

There are countless reasons for stopped-up drains. A home warranty from 2-10 HBW addresses almost all of them. Unless roots are the cause of your drain line stoppage, a home warranty can help you. With a simple click or call, 2-10 HBW can send a service contractor to assess the stoppage.

2-10 HBW offers the most comprehensive home warranty coverage for homeowners. Let us help you protect your home.