FAQ: HMS home warranty versus home insurance - HMS National, Inc.

FAQ: HMS home warranty versus home insurance

October 31, 2014

You may think that because you have home insurance there's no need to invest in a home warranty. While these two products seem similar, they cover very different things. The bottom line is that even if you have home insurance, you can benefit from an HMS® home warranty as well. Here's why.

Homeowner policies
When you purchase homeowners' insurance, you're protecting your most valuable investment against natural disasters and other calamities. According to Home Warranty Reviews, most banks require you to have home insurance with your mortgage. In the case of a fire, windstorm or other natural disaster, the structure of your home and your personal belongings will be covered. Home insurance will also cover liability claims, like if someone gets hurt while on your property.

HMS home warranty
A home warranty, on the other hand, picks up where your home insurance leaves off. Warranties from HMS cover the repair or replacement of your major home systems and appliances. This includes big-ticket items like refrigerators, air conditioning systems, water heater and more. Regardless of the age, make or model of the appliance, your home warranty will cover the repair of mechanical problems.

An HMS home warranty also makes the repair process simple and hassle-free. There are customer care representatives available 24 hours a day to answer your questions and process any claims. If one of your appliances breaks, all you'll need to do is call HMS or file a claim online. No more rifling through the phone book to find a repairman or trying to get in touch with a service professional after hours. That's not to mention the money you can save on costly appliance or system repairs. The convenience and peace of mind that a home warranty offers is something that you won't get from homeowners insurance.

The information in these articles is intended to provide guidance on the proper maintenance and care of systems and appliances in the home. Not all of the topics mentioned are covered by our home warranty or maintenance plans. Please review your home warranty contract carefully to understand your coverage.