As a homeowner, you have a lot to protect. This includes your family members, your home, and the valuables inside. These valuables include your systems and appliances, which you turn on without thinking and expect to work. It’s not until something goes wrong that you may start to consider the differences between home insurance and home warranty.

Home Insurance: Protection Against Unexpected Events

Home insurance, available through Max Insurance LLC, serving Des Moines, IA, is designed to protect your home and belongings from unexpected events such as fires, storms, theft, and other types of damage. Mortgage lenders typically require this type of insurance and provide a safety net that covers things like:

• Structural Damage – Covers the cost to repair or rebuild your home if covered events like tornadoes, hail, or fire damage it.
• Personal Property – Provides coverage for your belongings inside the home, such as furniture, electronics, and clothing.
• Liability Protection – Protects you if someone is injured on your property and you are found legally responsible.
• Temporary Living Expenses – If your home is uninhabitable due to a covered loss, home insurance can cover costs associated with living elsewhere, like hotel bills and increased food costs.

Home Warranty: Coverage for Wear and Tear

A home warranty is a service contract that covers home appliances and systems due to wear and tear. This isn’t included in home insurance and may be beneficial for managing the costs associated with maintaining:

• Appliances – Covers items like refrigerators, ovens, washers, and dryers when they break down due to normal use.
• Home Systems – Includes heating, air conditioning, electrical, and plumbing systems.

Some homeowners find it advantageous to have a home warranty in addition to home insurance. For more information about home insurance, contact Max Insurance LLC serving Des Moines, IA.