Understanding what home warranties cover and exclude is the best way to avoid surprises. Learn about common exclusions and what to look for.

Learn how water damage liability insurance protects you financially when accidental water damage occurs and how it may be included in your home insurance policy.

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and proofreader ...