Home Warranty

It depends on the age and condition of your home's systems and appliances. Older HVAC units, water heaters, and appliances break down — and repairs can run $500–$2,000 or more. A warranty ($400–$700 per year) can make sense if you're buying an older home or didn't negotiate for one from the seller. Haven can help you weigh the math for your specific situation.

Most plans cover major systems (HVAC, plumbing, electrical) and major appliances (refrigerator, dishwasher, washer, dryer). Coverage details vary by plan. Pre-existing conditions and improper maintenance are usually excluded. Read the contract carefully — the cheapest plans often have the most gaps. Haven walks you through what to look for before you sign.

No. Homeowners insurance covers damage from unexpected events — fire, storms, theft. A home warranty covers the breakdown of systems and appliances due to normal wear and tear. You need homeowners insurance (lenders require it); a warranty is optional but often worth considering. They complement each other rather than overlap.

Most home warranty plans have a 30-day waiting period after purchase before coverage kicks in — this prevents people from buying coverage right before a known breakdown. If a seller includes a warranty as part of the sale, it typically starts on your closing date. Always confirm the effective date with your provider before assuming you're covered.

Pre-existing conditions, cosmetic damage, improper installation, and lack of maintenance are common exclusions. Pools, spas, and septic systems are often add-ons. Code upgrades required during repair may not be covered either. The fine print matters — Haven helps you compare plans by what they actually cover, not just their headline price.