Many people get these two mixed-up and that’s pretty understandable as they do seem similar.  But there is a great big difference in the two.  A home insurance safeguards against major disasters such as fire flooding and theft and a home warranty plan provides coverage for repairs and/or replacement of appliances and systems in your home (this may include kitchen appliances, air conditioning & heat systems and more depending on the coverage you purchase).  For example, a washer breaks down.  The washer begins to spew water everywhere and floods the home.  The home insurance is responsible for the damage to the floor and the home warranty is responsible for the repair of the washer.

People don’t always understand especially first time home buyers how important it is to have both.  Plus many new home owners are just so happy with their new home purchase that they don’t want another expense.  They figure into the purchase of the home along with the home insurance which is necessary but they leave behind the home warranty. 

In most cases the home warranty is paid at the time of purchase usually by the seller and for a new home by the builder.  However when it comes to renew most people will not see the value and do not renew their home warranty until it’s too late. 

A home warranty provides continued affordable coverage against the inevitable breakdowns that will occur within your house, condo or mobile home. As you own the property for a number of years key systems and appliances start to deteriorate - no matter how carefully you maintain them. For a premium of about only $6-7 a week and a modest per-service deductible of $50-70 depending on your policy you can guarantee that they key components of your home will be protected in the immediate and distant future.

Strength, Service & Stability,

 Alicia Newman, Account Manager

RAM Home Warranty

951-491-9721

www.ramhomewarranty.com