Do I Need A Homeowner’s Insurance Or A Home Warranty?

San Diego homeowner’s insurance is purchased to protect your home from unforeseen events like a fire. Home warranties are offered by many companies, mostly during the selling process. Typically, there are two types of home warranties that people will purchase for their homes.  The first one covers any major systems or repairs for the first year, and the second is an annual renewal type contract which continues to keep the coverage active.

San Diego Homeowner’s Insurance

This is a personal insurance policy to protect your home and personal property from damages as result of a fire, wind, storm, or some other act of God or covered activity.

Home Warranty

A home warranty, on the other hand, is optional and typically covers the costs for repair or replacement of the electrical, plumbing and HVAC systems as well as major appliances like the refrigerator or oven.

Home warranty protection usually offers repair or replacement of a specific item for a specific period of time.

Even if you secure a home warranty policy, we recommend that you also have a homeowner’s insurance policy, as there are limitations in home warranty products.  If you have a mortgage, homeowner’s insurance is generally required by your mortgage company.

Wayne McCormick Insurance team in San Diego is standing by, ready to help you save on your homeowners, condo or apartment building insurance. Compare Your Home Insurance Rates with 40 Carriers in one call and SAVE!

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