Home Warranties

Home warranties are intended to be insurance policies to protect against home system breakdowns. Prior to purchasing a home warranty, obtain a copy of the warranty to review and ask questions about coverage. Consider the following:

  • Just like every insurance policy, warranties have exclusions. Determine what exclusions apply. For example, bathroom plumbing may be warranted, but the steam room or jacuzzi may be excluded.
  • Give the warrantor a specific example of an expensive repair, e.g., a roof leak, and ask what is and is not covered under warranty.
  • Ask about deductibles (can range from $75-$150) and what they apply, e.g., labor, parts, and service calls.
  • What labor, material costs, and types of components are covered?  For example, for a repair, does the warranty require Original Equipment Manufacturer (OEM) parts, or does the warranty allow non-OEM, aka remanufactured parts or components?
  • Ask the warranty company who their current local vendors are and how many they have in the area. This will give you an idea of how many are available for a community of a given size and how long you may have to wait to have a diagnosis and repair.  A bit of online research about the vendor or home warranty company could help you avoid a predicament where the warrantor or vendor isn’t cooperating as promised under warranty.

Generally, home warranties, on average, cost about $500/year. Shop around and ask a general contractor or property manager for a few recommendations.

The information provided does not, and is not intended to, constitute legal advice; all information is for general informational purposes only. This information may not constitute the most up-to-date information. The links provided are only for the convenience of the reader. A. Ferraris Law, PLLC, and its members do not endorse the contents of third-party references.

Copyright©2020, A. Ferraris Law, PLLC. All Rights Reserved

Join Our Dynamic Team

Litigation Attorney Wanted!

Ready to take your legal career to the next level? A. Ferraris Law, PLLC is hiring litigation attorneys. Don't miss this opportunity!

Apply Now!


Professional Senior Paralegal / Docketing Clerk - Wanted

Ready to take your paralegal career to the next level? A. Ferraris Law, PLLC is hiring!

Apply Now!

You have Successfully Subscribed!

Skip to content