More and more people everyday are getting home warranty plans to insure themselves against failure or the breakdown of systems and appliances in their homes. First of all you need to understand what is and what is not covered on these insurance policies. And that all depends on what type of coverage you buy. There are low options and high options and that is what I am going to help you out with.

So what are the basic options?

If you have just purchased a home, you may have no idea what a home warranty is and what is covered. You can choose plans or programs that cover the larger systems in your home or even your doorbell if you are worried about the little things.

Some of the other plans can be tailored to meet your specific needs. Do you need to make sure that all of your appliances are properly covered or what about your plumbing? The best providers will have options that meet even the most demanding customer’s needs.

So what is not covered by this type of appliance repair insurance?

Where any of your appliances or systems broken or where they in disrepair when you purchased the warranty? This would be the biggest reason for something not being covered. For example, if the oven did not work when you bought the house, then you are just out of luck. It’s as simple as that. So don’t go crying to the company when you need to make a claim.

How does one get in a position where they are over insured?

This happens to many first time home buyers. Basically they have overlapping policies that cover the same appliances or systems. This is a waste of money and most people have not idea that it is happening. If you have just purchased a new washer and dryer, there is no need to have them covered on a home warranty because they are covered by the manufacturer for a least a year.

Are the different home warranty providers any good? Visit my post for the best info on finding a home warranty.