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Homeowners insurance and home warranty coverage are crucial tools for protecting homes. While they offer peace of mind, there are differences between the two. Home insurance covers general damage to the home and belongings caused by unexpected events, such as fire, storm damage, theft, and personal injury. It is essential for house protection and often a requirement for mortgage lenders. Unlike home insurance, home warranty covers repairs and replacements of home systems and appliances due to wear and tear. Both have monthly payments but serve different purposes in home protection.