HWA is one of the original home warranty companies, As with all forms of insurance, the major considerations for homeowners choosing the appropriate policy rest with your specific vulnerabilities and the balancing of risk and cost. Owning a home can be fraught with enormous expenses that can occur be triggered at unpredictable times. These are usually expenses that can’t be put off until it is financially convenient. HWA offers their warranties to property managers, real estate agents, and home owners.

Degrees and Types of Coverage

Home warranties definitely vary in what types of systems they cover. They tend to offer two types of coverage. The first covers major appliances like the refrigerator, the stove, washers, dryers, dishwashers, etc.  The second type covers large home systems like plumbing, electrical and air conditioning. This particular company is more developed and has many different levels of plans and coverage. HWA offers many plans and the distinctions between plans are based in which systems and appliances are covered, the degree of coverage and the deductible and service charges associated with the coverage.

The Exceptions and Limitations

Like many traditional warranties, HWA’s warranties are not designed to cover pre-existing conditions or to remedy building code violations, and they are usually short term agreements only lasting a year.  They do not cover the damage done to your house by that system failure, only the system itself. If a plumbing leak destroys your ceiling, they only fix the plumbing. They also require you to pay a service fee every time the technician or service provider visits. The fee is payable to the service provider regardless of whether a repair or replacement takes place or not. Therefore, it’s important to make sure you’re fully aware of what is and isn’t covered by your agreement before using the service and calling a contractor to your house.