Home warranty is a contract between you and your home's manufacturer that provides financial protection in case of major home system failures or wear-and-tear repairs. The term "warranty" typically refers to the manufacturer's promise to repair or replace specific products within a certain timeframe, usually at no additional cost to the homeowner.
Whether or not you need a home warranty depends on your individual circumstances and budget. If you're purchasing a new home, consider investing in a warranty to protect against major system failures and costly repairs. On the other hand, if you have an existing home with a standard warranty, you may already be covered.
When selecting a home warranty provider, research different options and compare their coverage, pricing, and terms. You can also read reviews from other customers to get an idea of the provider's performance and reputation. Be sure to carefully review the contract before signing to ensure you understand the terms and conditions.