What is a home warranty and what does it cover?
A home warranty is essentially a service contract for home owners that, in its base version, commonly covers repair or replacement of appliances and heating and cooling systems. There may be more expensive versions of the warranty that offer more inclusive coverage. In addition, coverage of other items such as pools, hot tubs, septic systems, etc. may usually be added at an additional cost.

What do home warranties cost?
Basic plans cost in the mid $400s. Upgraded plans are closer to $600. Some companies charge more or less, depending on the size of the house or the part of the country your home is in. Home warranties are often purchased for homes that are being sold, but may also be purchased by homeowners that are not moving.

What's the difference between a home warranty and homeowner's insurance?
A home warranty covers appliances or mechanical systems in...