A home warranty is a year-long, renewable home service plan that covers home systems and appliances when they stop working due to normal wear and tear—such as air conditioning system, heating units, garage door openers, refrigerators, and washers and dryers.
A home warranty isn’t the same thing as home insurance. Home insurance typically protects your home from things that might happen, like fires, theft or natural disasters. A home warranty helps protect your budget when covered components of home systems and appliances break down due to normal wear and tear.
Like home insurance, a home warranty provides essential protection for the homeowner. Although home insurance is not mandated by state law in Massachusetts, lenders and banks typically require homebuyers to buy and maintain home insurance in order for them to get a mortgage. Coverage provided by a home warranty and homeowner’s insurance offers the most security and protection homeowners can wish for.
Jack Conway makes it easy for homesellers and homebuyers to purchase a home warranty plan through its partnership with American Home Shield. American Home Shield founded the home warranty industry when it formed in 1971. Backed by 50 years of experience, the company has more than 2 million members and has paid more than $2 billion claims in the last five years.
Thinking about listing your home? Our partnership with American Home Shield allows you to purchase a home warranty plan for your buyer. You’ll receive complimentary coverage during the listing period and the buyer has coverage for a full year, beginning the day of closing.
As you navigate your real estate journey, contact your Jack Conway agent for more information on home warranty plans. Whether you’re buying or selling, your Jack Conway agent will help you find a plan to best fit your needs.
