When it comes to protecting your home, you may have heard about both homeowners insurance and home warranties. While both offer valuable protection, they cover very different aspects of homeownership. At Carvo Insurance Group, we want to help you understand the key differences. Below are answers to some common questions about homeowners insurance and home warranties.
Q: What is homeowners insurance?
A: Homeowners insurance is a type of insurance policy that protects your home and personal belongings against damage or loss caused by events like fire, theft, natural disasters, and accidents. It also provides liability coverage if someone is injured on your property. Homeowners insurance is essential for covering the cost of repairs or replacements, as well as potential legal fees if you’re sued.
Q: What is a home warranty?
A: A home warranty is a service contract that covers the cost of repairing or replacing specific systems and appliances in your home, such as your heating system, plumbing, and major kitchen appliances, when they break down due to normal wear and tear. It does not cover structural damage to your home or provide liability protection like homeowners insurance.
Q: How do homeowners insurance and home warranties differ?
A: The main difference is what they cover. Homeowners insurance protects against unexpected damages or losses to your home and personal belongings due to external events, such as a fire or storm. A home warranty, on the other hand, covers the repair or replacement of specific home systems and appliances that fail over time.
Homeowners insurance is generally required by lenders, especially if you have a mortgage, while a home warranty is optional and usually paid for by the homeowner as an extra layer of protection.
Q: Can I get instant online quotes for homeowners insurance?
A: Yes! Carvo Insurance Group offers instant online quotes for homeowners insurance. This allows you to see your coverage options and costs in real-time, giving you the flexibility to make an informed decision quickly.
Q: Is instant online binding available for homeowners insurance?
A: Absolutely! With our instant online binding, you can activate your homeowners insurance policy immediately after receiving your quote, ensuring your home is protected without any delays.
Q: Can I request an instant online insurance proposal for homeowners insurance?
A: Yes, you can! We offer an instant online insurance proposal for homeowners insurance, allowing you to review your coverage options and tailor them to your specific needs before finalizing your policy.
Q: How do I get a homeowners insurance quote?
A: For a Home Owners Insurance Quote, visit this link: https://carvofinancialgroup.com/home-owners/. You’ll be able to get an instant online quote and have the option to bind your coverage immediately.