Platinum FAQ: Home warranty vs. homeowners insurance

By Platinum Team | Product Education | December 21, 2015

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What’s the difference between a home warranty and homeowners insurance?

This is a question we hear a lot from first time homeowners in particular. Home warranties and homeowners insurance each protect your home, but they cover different things.

A home warranty covers repair and replacement costs of systems and appliances that break down due to normal wear and tear. Some commonly covered items include air conditioning and heating issues, plumbing stoppages, water heater repair and replacement and garbage disposal replacements.

Homeowners insurance provides insurance against natural disasters and calamities, such as a fire, tornado or burglary. It typically covers structures of the house, personal belongings and liability protection. Homeowners insurance is often required if you purchase a home with a mortgage.

Neither a home warranty nor homeowners insurance can completely safeguard you from problems and expenses that may arise as a homeowner. However, each help provide some protection to reduce unexpected expenses. Homeowners can benefit greatly from having both a home warranty and homeowners insurance in place.

For more information about our home warranties and the protection they provide, give us a call at 1.800.871.2339.

If you’re ready to order your warranty, you can head straight to our order page.

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