Home Warranties: What They Are and Why You Might Need One
What Is a Home Warranty?
Think of a home warranty as a safety net for your home’s major systems and appliances. It’s a service contract that covers the repair or replacement of items like your HVAC, plumbing, electrical systems, and major appliances when they break down due to normal wear and tear. Unlike homeowners insurance, which covers damage from events like fires or storms, a home warranty focuses on the everyday breakdowns that come with homeownership .
Why Consider a Home Warranty?
If you’re transitioning from renting to owning, the shift in responsibility can be significant. As a renter, you called the landlord when something broke. As a homeowner, that responsibility falls on you. A home warranty can provide peace of mind by covering unexpected repair costs, saving you time and money .
Who Benefits Most from a Home Warranty?
- First-Time Homebuyers: If you’re new to homeownership, a warranty can ease the transition by covering repairs that you might not be prepared for.
- Owners of Older Homes: If your home’s systems and appliances are aging, a warranty can help manage the costs of inevitable breakdowns.
- Busy Professionals: If you don’t have the time or desire to vet repair technicians, a home warranty company can handle that for you.
Here are a few home warranty companies serving Tennessee:
Old Republic Home Warranty
- https://www.orhp.com/
- 800.972.5985
2-10 Home Buyer Warranty
- https://www.2-10.com/
- 800.775.4736
Achosa Home Warranty
- https://www.achosahw.com/
- Â 888-509-2916
Choice Home Warranty
- www.choicewarranty.com
- 888-373-7924
Each company offers different plans and coverage options, so it’s worth comparing them to find the best fit for your needs.
