When you purchase a new home in Northwest Arkansas, it’s important to understand the tools that help protect your investment. Two of the most common—and often confused—are home warranties and home insurance.
At XNA Realty Group, we get this question all the time: Do I need both? What’s the difference?
Let’s break it down in simple terms so you can move forward with confidence. 🙌
🛠 What Is a Home Warranty?
A home warranty is a service contract that covers repairs or replacements for major home systems and appliances due to normal wear and tear.
✅ Commonly covered items include:
- HVAC systems
- Electrical and plumbing
- Kitchen appliances
- Water heaters
🕒 Most warranties last for a year and can be renewed.
Pro Tip: Warranties are especially useful for buyers of new construction homes or older homes with aging systems.
🔒 What Is Home Insurance?
Home insurance, on the other hand, protects your property from unexpected disasters like:
- Fire or smoke damage 🔥
- Storms or hail 🌩️
- Theft or vandalism 🚨
- Liability for injuries on your property
Home insurance is typically required by lenders, while a home warranty is optional.
🧐 So… Do You Need Both?
Yes—ideally. Here’s why:
- Home insurance shields you from big, unexpected emergencies.
- Home warranties help with everyday breakdowns and save on out-of-pocket costs.
Think of it this way: home insurance is your safety net in a storm, while a home warranty keeps your home running smoothly day to day.
💬 Final Thoughts from XNA Realty Group
Every homeowner’s needs are different. Whether you’re buying a brand-new home in Centerton or a family-friendly space in Bentonville, our real estate experts are here to guide you toward the right protections for your home.
Have questions about warranties, insurance, or finding your dream home? Let’s talk!
📞 Call us at (479) 310-5630
📧 info@xnarealtygroup.com
🌐 www.xnarealtygroup.com
