Do I need a home warranty if I already have homeowners insurance?

Homeowners insurance and a home warranty serve different purposes, so it is important to understand their distinct functions when deciding if you need a home warranty in addition to your homeowners insurance. Homeowners insurance typically protects against unexpected events like theft, fire, or certain natural disasters. It covers damages to your home and personal belongings as well as liability for injuries that occur on your property. On the other hand, a home warranty primarily focuses on the repair or replacement of home systems and appliances that may fail due to normal wear and tear. This includes items such as heating and cooling systems, plumbing, and electrical systems, which homeowners insurance may not cover. If your goal is to safeguard against costly repairs for specific home systems and appliances, having a home warranty could provide peace of mind. It can complement your homeowners insurance by addressing areas not typically covered. To assess your individual needs, it may be helpful to review the specifics of both your homeowners insurance policy and any potential home warranty options available. For more information about home warranties, checking First American's website may provide additional insights.