Purchasing a house is a huge investment. That’s why choosing the right type of warranty for that home is so crucial. You need the best protection for your investment, so what’s the difference between a home warranty VS manufacturer warranty?
A manufacturer warranty will generally cover repairs, service, replacements, parts and labor for 12 months from the purchase date or installation date for specific appliances or systems. The manufacturer of those appliances or systems offers this warranty automatically for a one year period. You can also purchase extended warranties to cover your refrigerator, A/C system and other appliances for a longer period of time.
Most manufacturer warranty coverage is pretty limited, which is important to keep in mind. If you purchase a home with existing, used appliances in it, you may not be covered. These are generally given to the original owner only.
A home warranty is very different from a manufacturer’s warranty. It will usually cover the repairs and replacements of all of your major household appliances. This includes refrigerators, stoves, dishwashers, washers and dryers. It will also cover systems like central heating and plumbing.
Your home warranty will cover parts and labor costs for all of the systems and appliances in your home, even if you aren’t the original purchaser. This is why a home warranty is so important to have for your home, regardless of if you purchase an existing house or build from the ground up. Older homes with custom features or built-in appliances are definitely appealing to a buyer, but when that manufacturer warranty can’t help you repair or replace, you’ll lean on your home warranty to cover those costs.
As a homeowner, you want to protect that investment you made. Having both a manufacturer AND home warranty, at least for the first year, will save you a ton of money should something break down or need fixing. When it comes to home warranty VS manufacturer warranty, the results are simple – you’ll need both.