Home warranty in Maryland

With no specific timeline to abide by, Maryland homeowners can purchase a home warranty any time after purchasing the residence.

A home warranty is a service contract that helps cover the repair or replacement of major home appliances and systems in the event they break down and experience a mechanical failure due to normal wear and tear.

In Maryland, a new home warranty typically covers a home’s systems and appliances for one year, depending on the policy and what’s covered.

A person’s ideal home warranty depends on their needs. A plan that combines coverage for heavily relied-on home systems and appliances offers the most protection.

Yes, there is a distinct difference between homeowners insurance and a home warranty. Homeowners insurance protects your home from damage caused by covered perils like fire, theft or storms. A home warranty helps cover the repair or replacement costs of major appliances and systems within your home that experience a mechanical failure due to normal wear and tear.

No, homeowners in Marland are not legally obligated to have a home warranty plan.

A home warranty may be part of the closing process and payment for the plan can be negotiated by the seller and buyer. A seller may obtain a home warranty to attract a buyer or to reduce their liability after the sale.

For Maryland real estate sellers, a home warranty acts as a protection plan that helps cover the repair or replacement costs of major appliances and home systems when they experience a mechanical failure due to normal wear and tear during the listing period. The seller can transfer the home warranty to the buyer during the transaction.

When a home warranty lapses, the contract holder is responsible for the full cost of repairing or replacing any covered items that break down or require service. 

Our warranties (and most others) renew automatically. If you prefer to renew it by yourself, you can typically contact your current home warranty company directly through their customer service line, log in to your online account or sometimes with a renewal notice in the mail. It should also be noted that many companies have an auto renew feature to prevent a lapse in coverage.