Having a home warranty isn't the same as having homeowners insurance. While the latter protects your home against theft and most natural disasters, the former provides coverage for the major items you use in your home every day. These items include home appliances that, if they break down or face other issues, could cost you hundreds or even thousands of dollars to fix or replace. Think of your home warranty as a safeguard against expensive repairs that could leave a hole in your home budget.
If you are getting ready to buy a house, there are a lot of things that you are going to need to do. One of them is to get homeowners' insurance. There are a lot of reasons that you need to have the insurance. Homeowners' Insurance Everyone knows what insurance is, but they don't necessarily know what it means in terms of owning a house. Basically, the insurance will cover things like roof damage, water damage, if someone gets hurt on your property, and various possessions.