When it comes to protecting your home, knowing the difference between a home warranty and home insurance can save you money—and headaches. While both offer protection, they serve very different purposes. At Elevate Homescriptions, we’re here to break down the distinctions so you can make informed decisions about safeguarding your property.

A home warranty company offers service contracts that cover the repair or replacement of major home systems and appliances that fail due to normal wear and tear.

Covered by Home Warranty Plans:

• HVAC systems
  
  
• Electrical systems
  
  
• Plumbing systems
  
  
• Water heaters
  
  
• Kitchen appliances (like ovens, dishwashers, refrigerators)
  
  

Unlike insurance, which focuses on unexpected events, a home warranty company like Elevate Homescriptions steps in when everyday items stop working due to age or use.

What Is Home Insurance?

Home insurance, often required by mortgage lenders, protects against unexpected damages or losses to your home and possessions caused by events such as:

• Fire
• Storms
• Theft
• Vandalism
• Natural disasters (depending on your policy)

It also provides liability coverage in case someone is injured on your property.

Key Differences Between a Home Warranty and Home Insurance

Choosing between them isn't about "either-or"—it’s about complementary protection.

Do You Need Both Home Warranty and Home Insurance?

Absolutely.
While home insurance handles disasters, a home warranty company fills the gap by handling system failures and appliance breakdowns that aren’t covered by insurance.

At Elevate Homescriptions, we recommend homeowners invest in both types of protection to maximize peace of mind and minimize out-of-pocket expenses.