A home warranty policy differs quite a bit from a homeowner’s insurance policy. This is largely because while a homeowner’s insurance policy is designed to protect you from theft, loss, or destruction, a home warranty policy protects appliances and various systems. You may not know this, but home warranties are more than capable of covering home plumbing. The benefits of having your home warranty policy cover as much of your home plumbing system as possible are many. If you’re a homeowner looking to have as much protection as humanly possible, you really can’t afford not to have home plumbing covered by your home warranty policy.
Why Your Home Plumbing Needs Home Warranty Coverage
We sometimes take for granted how much we rely upon our home plumbing system in a given day. Imagine for a second that something suddenly goes wrong with the plumbing system for your home. What do you do? No one wants to be stuck with a broken toilet, pipes that have become damaged in some way that diminishes your home’s ability to function as it should, or a shower that isn’t running the way it’s supposed to. These are just a few of the problems you can run into with the plumbing system in your home. Depending on the type of home warranty coverage you have, all of these problems and others can be covered. Not only will they be covered, but the costs to you are going to be considerably less than having to pay for all repairs and replacements out of your own pocket.
However, the importance of knowing exactly what your policy is going to cover for your home plumbing cannot be understated. While having coverage is great, you don’t want to take anything for granted when it comes to a home warranty policy and your home plumbing.
Home Warranties And Home Plumbing
A home warranty policy can protect your electrical system, your heating system, the major appliances in your home, and even your home plumbing system. It’s important to understand that different home warranty policies are going to cover different things. How much your annual premiums and fee-per-service-incidents are going to run you will depend entirely on what type of policy coverage you have. This means breaking down your service contract with your provider into very specific terms. It is crucial that you understand everything about these terms. This is particularly true with the home plumbing aspect of your coverage.
The rule of thumb for home warranty coverage is that the more you’re willing to spend, the more expansive your coverage is likely going to be. This applies to home plumbing, and although policies can vary, typical home warranty coverage for home plumbing might cover:
- Plumbing system.
- Plumbing stoppages.
- Sprinkler systems.
- A swimming pool.
- A hot tub.
Keep in mind that this is simply a very basic overview of what your plan will likely cover. It’s best to discuss any questions or concerns you might with the home warranty company you have decided to do business with.