What Does a Builder’s Warranty Cover?
What Does a Builder’s Warranty Actually Cover? 🤔🏡
New home? That builder’s warranty might not cover as much as you think! While it typically includes structural elements and major systems, cosmetic issues or normal wear and tear may not make the cut. Always read the fine print and know your coverage!
Most warranties for newly constructed homes offer limited coverage on workmanship and materials as they relate to components of the home, such as windows, siding, doors, roofs or plumbing, electrical and HVAC systems. Warranties typically provide coverage for one to two years, although the specific time period may vary by from component to component; coverage may last up to a decade on major structural elements. Warranties also routinely define how repairs will be made and by whom.
Warranties generally do not cover household appliances, tile or drywall cracks, irrigation systems or components covered under a manufacturer’s warranty. Most warranties also exclude expenses incurred as a result of a warranty repair construction, such as the need to store household belongings while a repair is being made.
Before you close on your new home purchase, you should ask your builder – or your third-party warranty provider – these questions:
- What does this warranty cover?
- What is not covered by this warranty?
- What’s the process or timeliness if I have a claim?
- Is it possible for me to dispute your decision to deny a claim?
- What is the extent of your liability?
- Can you refer me to other new home owners with whom you’ve worked so I can speak to them about warranty coverages?
- Where are some of you previous projects so I can speak with owners there?
Have questions about your home warranty? Let’s chat!
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