Purchasing a home warranty can provide significant financial protection against costly repairs or replacements for household appliances and systems during normal wear and tear. By investing in a home warranty, homeowners can budget for unexpected expenses and avoid being left with huge bills when they need it most.
- Most home warranties cover routine maintenance and repairs, including filter replacements, appliance cleaning, and minor system issues.
- They typically last between 1-5 years, depending on the specific warranty terms and conditions.
- Many home warranties also offer optional coverage for major appliances, such as HVAC systems, water heaters, and dishwashers.
Additionally, home warranties can provide peace of mind and financial security during unexpected situations. For example, if a refrigerator breaks down due to a manufacturing defect, the warranty will cover the repair or replacement costs.