Many times a homeowner will be confused as to what repairs are covered under a homeowners' policy and what is not. This can be further complicated if the homeowner happens to own a home warranty policy.
First of all, a homeowners' policy protects your home from unexpected events. It covers your home, the personal property within your home and structures; plus, the coverage typically includes personal liability, medical payments and additional living expenses should a loss occur that renders your home uninhabitable.
When you experience a loss covered under your homeowners' policy, those repairs would be paid by your insurance coverage. The policy typically covers events such as fire or smoke damage, windstorm damage, hail, explosion and vandalism.
If you have a home warranty plan, which is not normally sold by insurance agencies but by specific home warranty companies, then you have coverage that specifically covers repairs or replacement of appliances and home systems during typical use. These plans cover appliances, electrical systems, plumbing, air conditioning and furnaces.
With home ownership, there is always wear and tear on a home over the years that require maintenance and repair. Items such as repainting walls, replacing carpets, replacing windows, cleaning the chimney, etc. are typical maintenance requirements and are not covered by home warranty policies. But unless these items are a result of damage from a specific event covered under your homeowners' policy, you will have to pay for these out of your pocket.
For more information about what is covered under a homeowners' policy or to determine if you have adequate coverage with your existing policy, contact your J.P. Perry representative for a policy review.