Home warranty companies have been providing repair and replacement services to consumers since the 1970s. Some homebuilders are required to provide a warranty for new homes, and many home sellers and real estate agents buy a home warranty as a buyer’s incentive.

Owners of existing homes can purchase a home warranty to cover items such as heating and air conditioning systems, plumbing and electrical systems and appliances. Warranties can provide peace of mind for homeowners, but they must understand the limits of their coverage so they’re not surprised by service fees and other out-of-pocket costs.

Home Warranty

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