What is the Difference Between a Home Warranty and a Home Inspection Report?

A Home Warranty provides valuable coverage.  It is an insurance coverage for a certain length of time.  Some home warranties will only cover the time your house is listed, others for longer.  You may, however, extend the time of the warranty after the sale has gone through.  Most warranties provide coverage for a year.  At the end of each year, you can renew the warranty for another year.

What is covered by a Home Warranty?

  1. Kitchen appliances.
  2. Water heaters.
  3. Plumbing systems.
  4. Electrical systems.
  5. Heating systems.

Optional coverage can be obtained and has to be specified.  For instance, the pool equipment and pool, air conditioning, well pump kitchen refrigerator, washer/dryer and more.  Warranties usually do not cover the roof and foundation, flood damage, storm damage, normal wear and tear, windows and doors and all appliances that do not work.

What is the Purpose of a Home Inspection Report?

Home Inspections is used to assess the conditions of a house at the time of sale.  Having an Inspection Report at hand can protect a seller or buyer from:

  1. Unscrupulous sellers and unethical practices.
  2. Biased opinions regarding the condition of the property.

It also offers:

  1. A photographic and written report.
  2. Maintaining ethical and technical standards.
  3. Peace of mind.

Seeing that a Home Inspection will provide you with a report stating the condition of the home, home systems and appliances, it may very well help when a Home warranty is taken out.  The Home warranty will exclude defective and damaged areas or appliances until it is fixed.  With the Home Inspection Report in hand, possible repairs can be started on.

A Home Warranty and a Home Inspection is not the same, even though, they can go hand-in-hand.