Are Home Warranties Worth It? | Home Warranty Questions & Answers
One of my most popular videos on this channel is “What is a Home Warranty?” (find it here ➡️ https://youtu.be/NBzN0ETWmGQ). To follow up on your questions and comments about home warranties, I created this refresher video to offer additional information and a little bit more detail on home warranties and how they work.
Many times, when you purchase a house, the seller is going to offer a home warranty. There are a number of different coverages that you, as a buyer, can select for your home warranty, however, the seller will typically include a cap on the dollar amount that they are willing to pay.
If you are in the process of buying a home and you are getting a home warranty, take the time to do some research on the coverages that are provided. Is the roof covered? Is the pool covered? Is the plumbing covered?
Here are a few things we discuss in this video:
1. Do you have any examples of home warranty claims?
2. Is there a waiting limit for home warranties to go into effect?
3. Are there maintenance requirements to be able to file a claim?
4. Are there coverage limits to home warranty policies?
Thanks to everyone who posted questions about home warranties! I love to hear from you and get the conversation going. As always, if you have any questions about purchasing a home in San Clemente or the local area, please shoot me a text at (949) 620-6206 so we can set up a time to chat.