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Does a home inspection warranty or insure my home?

No.

No home inspection company will ever be able to predict or anticipate every repair or maintenance item encountered while owning a home.

The purchase and ownership of any home brings ongoing maintenance and a certain amount of risk and unfortunately things sometimes go wrong after the inspection. It can’t be avoided or predicted. Annually, you can expect to spend about 1% of your home’s value on maintenance, but that formula along with the home inspection report is the closest any home inspector can come to predicting future costs and repairs.

Also, a home inspection does not represent an insurance policy. All it signifies is the material condition of your home during the time of the inspection. For detailed information on a home warranty, contact your closest real estate professional.

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