Buying a new home is an exciting experience, but it can also be a daunting one, especially when it comes to navigating the warranty and maintenance aspects of homeownership. In New Jersey, the state's New Home Warranty Program provides an added layer of protection for homebuyers, ensuring that they receive a quality home that meets certain standards. The New Jersey New Home Warranty Program is a consumer protection program administered by the New Jersey Department of Community Affairs (DCA). The program requires builders and developers to provide a warranty on new homes sold in the state. The warranty covers defects in materials and workmanship for a specified period, typically one to two years, depending on the type of warranty chosen. |
At Suburban, we offer homeowners insurance that provides financial protection against disasters. A standard policy insures the home itself, or apartment or condo, and the things you keep in it.
Homeowners insurance is a package policy. This means that it covers both damage to your property and your liability or legal responsibility for any injuries and property damage you or members of your family cause to other people.
Before buying a homeowners insurance policy, it's important to:
- Understand the way homeowner's insurance works
- Identify the kind of policy and coverage you really need
- Compare policies from different companies to find the best values
It is really all about protecting yourself financially if something unexpected happens to your home or possessions. That's important because chances are your home is likely one of your largest investments.
It is important to know that homeowner’s insurance is meant to cover unexpected damage, not routine maintenance.
Ask your Suburban agent to talk about what is covered and be sure to read your policy so you know exactly what's included and what is not.