Main Content

Home » Home Protection Plans

Home Protection Plans

Home protection plans, also known as home warranty plans, typically cover the cost of repair or replacement of the working parts (mechanical and nonstructural components) of a home during the first year of home ownership. Limited coverage of the plumbing, electrical and heating systems is generally insured. Built-in kitchen appliances and garage door openers are typically included in the coverage. Roof, pool and spa equipment and central air conditioning coverage is also available for an additional charge. A service fee of approximately $75.00 is charged to the new buyer when the company’s repair person makes a service call.

Home protection plans are a tremendous asset, as they enable the buyer to keep their first year’s out-of-pocket expense to a minimum. Often, Harb & Co. can negotiate that the seller pays for this insurance.

Ask us to give you brochures from various companies, so that you can review the coverage that is offered. Coverage varies from company to company. It is important to carefully read the terms, conditions and exclusions, prior to selecting a plan for your home.

Click here to read: Taking title, different options explained

Copyrighted content.  Use only with a direct link to this real estate website.