Why Buy a Home Warranty?
Why Buy a Home Warranty? When you own a home, repair or replacement of home systems and appliances are inevitable. Over time, systems and appliances become worn down due to normal wear and tear. HVAC units can slow down or completely stop working , appliances and electronics can break. Faucets can begin to leak, etc. leak. Repair and replacement can cost hundreds or thousands of dollars. This can be difficult for those on a budget. Rather than emptying the savings account or maxing out the credit card, many homeowners are purchasing home warranties to protect themselves from unforeseen repair or replacement costs. What is a Home Warranty A home warranty or home service agreement, is a plan that provides coverage for unforeseen repair bills for items covered under the particular agreement that would not normally be covered under homeowners insurance or manufacturer's warranty. There are warranty plans that offer coverage for current and ageing home systems and appliances, r