Home warranties when purchased by the buyer are usually renewable after the original term (usually a one year term) has passed. If the seller is offering the home warranty, most often it is non-renewable when the term is up. Either way, the protection offered to you by a home warranty is paramount and can save you quite a bit of money should something major need to be replaced.
When you are shopping for a home warranty, it's best to do some research and ensure you are getting the best home warranty for the best price. Each home warranty is different - they vary from company to company and state to state. Be sure to find out what your home warranty will cover and what it will not cover and any provisions on the coverage that are present in the contract. Read the contract thoroughly to be sure you understand what is and isn't covered and all the provisions allotted for in the contract. If you aren't sure on some point or another, ask the agent selling you the home warranty policy.
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