Iron Shield Home Warranty

home warranty vs. insurance nearly all mortgage lenders require you to obtain the appropriate home insurance policy to protect your home and belongings. home insurance generally covers four areas: 1. interior or exterior home damage 2. loss or damage of personal property 3. liability for damages caused by the family and their pets 4. temporary housing while a home is being rebuilt or repaired these areas are only covered if the damages were the result of a cause the insurance policy covers. home insurance policies generally cover damages caused by fires, theft, and storm damage. flood and earthquake coverage require an additional policy. home warranties typically cover four areas: major appliances heating and cooling systems plumbing electrical systems home warranty costs don’t increase yearly as a result of claims, as home insurance premiums can, though costs for both will typically vary each year due to inflation and rising service expenses.