Insurance Contract

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January 1, 1 6 min read Definitions

Residential Service Contract Home Warranty Insurance Contract Home Maintenance Real Estate Purchase Plumbing Systems Mechanical Systems Electrical Systems

A Residential Service Contract, also known as a home warranty, is an insurance contract generally lasting for one year, covering the plumbing, mechanical, and electrical systems of a home. This contract can be purchased by either the buyer or the seller and provides peace of mind to homeowners against unexpected repair costs.

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