What’s the Difference Between a Home Warranty and Homeowners Insurance?

Insuring something or providing a warranty are both ways to safeguard your investment in something or someone. Yet, these two terms mean different things when discussing home security. Every homeowner must know the distinctions between house warranties and home insurance for various reasons.

In what ways does homeowners insurance protect you?

Fire, flood, hail, lightning, and even criminal acts of vandalism are all covered by standard homeowners insurance policies. If any of these things happen to your house and cause damage or destruction, insurance will pay to repair or replace what you lose.

If a tree were to fall on your house and smash into the kitchen, the insurance would pay to replace the appliances. Yet, home insurance coverage would not pay to repair or replace a broken oven range.