Insurance vs Warranty

When buying a home and becoming a first-time homeowner it is important to note the difference between home insurance and home warranty. Home insurance is a financial protection from a covered loss. Home warranty is a contract to help cover damages caused by home mechanical failures. See below graphic from Auto Owners that gives examples of insurance vs warranty.

If you have a loss to your home, call your agent immediately. We will be able to walk through your coverages to see if the loss should be covered by your insurance policy or your warranty contract.