If you are a homeowner and either currently have a home warranty plan or would like to have one if it were less expensive, then you need to read this! More and more insurance companies are offering an optional endorsement that provides much of the same coverage as popular home warranty policies. These plans are often provided to a home buyer by the seller when purchasing an existing home. Some homeowner’s continue to renew these plans while some choose to allow them to expire due to the annual cost. Many insurers now offer this protection at a lower cost, when endorsed onto a homeowner’s insurance policy. The following infographic gives an overview of what is covered by Safeco’s Equipment Breakdown endorsement, including examples of what is and what is not covered.
Contact LG Insurance Group if you would like to learn about this valuable coverage!