Are you buying a house and wonder how to choose a home warranty? Here are a couple of thoughts for you to consider.

What is a home warranty?

When a home warranty is part of a real estate transaction it is typically a one-year service agreement. This is typically paid in full through escrow when the property transfers owners, not billed monthly like commonly advertised. A home warranty is also not a home insurance policy. Insurance is a separate policy and tends to help cover catastrophic events to the home. Where a home warranty helps cover breakdowns of the major systems and appliances of a home by repairing or replacing the items covered under the policy.

Each home warranty company offers different options and exclusions.

When looking over plans you will clearly see that the pricing and service call fees vary between each company. This also seems to result in the coverages and exclusions varying. Look over the service agreements to help you find the one that suits your needs and your new home.  To get a 3rd party opinion on home warranty coverages and services check out the consumer affairs reviews.  Not all of the companies will offer coverage in Arizona so listed below are a few I like. 

***NOTE: Get the pricing from the real estate transaction pricing brochures***

One Home Warranty by American Home Shield (AHS)

Old Republic Home Warranty

Choice Home Warranty 

If you have any questions or are interested in additional information, I am always happy to help!