Difference Between Home Warranty and Home Insurance

Difference Between Home Warranty and Home Insurance

Difference Between Home Warranty and Home Insurance

Purchasing a home is a vast choice – and it's one of the most crucial financial investments you will ever make. You are placing all of your savings and hard-earned money into your home. And that is why it is so crucial to make sure you guard this vital asset.

That is why home warranties and homeowners' insurance exist. These two methods permit homeowners to guard their homes and enjoy peace of mind. Moreover, should an emergency strike, you will not spend thousands of dollars on repairs.

But is there a difference between a home warranty and homeowners' insurance ? The two sound same, and while they share similarities, they are very diverse in how they keep your home – and your capital – guarded.

Here's what you want to know in order to understand a homeowner's a home warranty and insurance policy .