A home warranty is a service contract that covers the repair or replacement of major home systems and appliances. These typically include items such as your heating and cooling system, plumbing, electrical system, refrigerator, oven, and dishwasher. Home warranties can provide peace of mind and financial protection in the event of a covered breakdown.
Home warranties are not insurance policies, but rather service contracts. This means that they do not cover damage caused by natural disasters or wear and tear. However, they can be a valuable investment for homeowners who want to protect themselves from the high cost of unexpected repairs.