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However, the words "home warranty" are not always used explicitly to mean a legal warranty is being conveyed. In many cases, at least in the United States, a home warranty is not a warranty at all, but rather a home service contract that covers the repair and/or replacement costs of home appliances , major systems such as heating and cooling ...
A home warranty is a service contract that pays the cost of repair or replacement of covered items, such as major kitchen appliances, as well as electrical, plumbing, heating and air conditioning ...
American Home Shield was founded in 1971 and operated independently until it was acquired by ServiceMaster in 1989. [9] In 2018, the American Home Shield business was spun off under Frontdoor, Inc., a new, publicly traded company on the NASDAQ (ticker symbol FTDR).
Neither your home warranty nor your homeowners insurance policy will typically cover you if you damage your AC unit or if you fail to properly maintain the system.
Home warranties cover major appliances and systems that are not protected by homeowners' insurance. Unlike your homeowners' coverage, home warranties are not insurance policies and you're under no ...
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