What’s the Difference Between Home Insurance vs. a Home Warranty?
You may be wondering, “what is home insurance vs. home warranty?” Although they sound similar, there are key differences between the two. A home warranty helps cover normal wear and tear of certain appliances and systems. Home insurance helps cover damages to your home and belongings from covered losses like fire, wind or theft. Homeowners insurance also includes liability coverage to help pay for injuries or property damage you’re found legally responsible for or contributing to. In many cases, your mortgage lender will require you to have a home insurance policy.
It's important to note that having home warranty coverage is not a replacement for home insurance. With the
AARP® Homeowners Insurance Program from The Hartford,
1 you can get the coverage you need to protect the investment you’ve made in your home.
Reciba una cotización online today or speak to one of our specialists at
877-422-2345 to learn more about the coverages and savings available to you.
Benefits of Homeowners Insurance
Homeowners insurance can help give you peace of mind knowing that your home and belongings are covered when the unexpected happens. Your policy helps pay repair or replacement costs after a covered loss. So,
what does homeowners insurance cover? Typically, standard homeowners insurance coverage offers protection from events like:
- Incendio
- Relámpagos
- Smoke
- Robo
- Vandalismo
- Weight of ice or snow
- Certain natural disasters, like hailstorms
Events that are typically not covered by home insurance include:
- Inundaciones
- Uso y desgaste normal
- Pest damage from vermin, rodents, etc.
Do I Need Homeowners Insurance?
Homeowners insurance isn’t typically required by law in most states. However, you may be required to have a homeowners insurance policy if you have a mortgage on your home. Even if you don’t have a mortgage, it’s still a good idea to get insurance coverage. Without homeowners insurance, you’ll have to pay costs to repair or replace your home’s structures and belongings completely out of pocket if they’re damaged.
What Does a Home Warranty Cover?
A home warranty covers the repair and replacement of appliances and systems in your home. For example, a home warranty plan typically covers:
- Refrigeradores
- Washers
- Dryers
- Ovens
- Water systems
- Plumbing systems
- Electrical systems
You’ll need to purchase a service contract from a home warranty company to get this type of coverage.
Do I Need a Home Warranty?
Home warranties are optional. However, you may consider purchasing a home warranty to help protect against normal wear and tear, especially if you have older appliances. Typically, standard home insurance policies don’t cover damages from general wear and tear.
Homeowners Insurance vs. Home Warranty
When it comes to understanding homeowners insurance vs. a home warranty, it’s important to read the fine print to know what each covers. Home warranties cover wear and tear, while home insurance protects your house and personal property from covered losses. Since they cover different things, a home warranty is not a replacement for a homeowners insurance policy.
The AARP Homeowners Insurance Program from The Hartford helps protect your home from events and situations that a home warranty doesn’t. Call our specialists at
877-422-2345 to learn more about the coverages available to you.
Home Warranty vs. Homeowners Insurance – Do I Need Both?
It’s a good idea to have homeowners insurance to help protect your home and its structures. On the other hand, a home warranty is an optional type of coverage that you can choose to purchase depending on your preferences as a homeowner.
Get a Fast and Free Quote for Homeowners Insurance from The Hartford
The Hartford has been protecting homeowners and their properties for over 200 years. With our high ratings for customer service and claims satisfaction, we’ve earned our reputation as an insurance company you can trust.
Get a fast and free quote online today or call
877-422-2345 to start protecting your home with The Hartford.
Última actualización: 24 de julio de 2023
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