Why Buy a Home Warranty?

April 2, 2025

Why Buy a Home Warranty?

Owning a home is exciting, but let's be honest, it comes with unexpected costs. A broken AC in the middle of summer? A fridge that suddenly stops working? Repairs like these can be expensive, but that’s where a home warranty can save the day.

A home warranty helps cover the cost of repairing or replacing your home’s appliances and systems when they break down due to normal wear and tear. Unlike home insurance, which protects against disasters and accidents, a home warranty gives you peace of mind when things stop working.

What Is a Home Warranty?

A home warranty is a service contract that covers repair or replacement costs for major home systems and appliances. It’s like an extended protection plan for your home, helping you avoid expensive out-of-pocket repairs.

How Does a Home Warranty Work?

  1. If a covered appliance or system breaks, you file a claim with your home warranty provider.

  2. A professional service technician is sent to diagnose and fix the issue.

  3. You pay a small service fee (instead of the full repair cost), and the warranty provider covers the rest.

Why You Need a Home Warranty

1. Protect Your Budget

Home repairs can be costly. A home warranty can help reduce these expenses, making home maintenance more affordable.

With a home warranty, you pay a fixed annual or monthly fee, along with a service fee per claim. This means that when an essential home system or appliance fails, you won’t have to worry about coming up with thousands of dollars unexpectedly.

2. Cover Essential Home Systems & Appliances

A home warranty covers everyday items like:

By covering these essential items, a home warranty helps prevent you from being caught off guard by sudden breakdowns and high repair costs.

3. Convenience & Peace of Mind

Instead of scrambling to find a reliable repair technician, your warranty provider sends a pre-vetted professional to fix the problem quickly and hassle-free. This eliminates the stress of searching for the right contractor and ensures that repairs are done properly.

Additionally, home warranty providers often have relationships with experienced service professionals, ensuring that you get quality service at a lower cost. Many warranties also offer unlimited service requests, allowing you to call for assistance as many times as needed within your coverage limits.

Do You Need a Home Warranty for a New Home?

Yes! Even though new homes have fewer issues, a home warranty offers great benefits:

Many new homeowners mistakenly believe that because their home is brand-new, they won’t face issues for a long time. However, even new construction homes can have hidden defects that appear after the builder’s warranty expires. A home warranty helps fill this gap.

What About Older Homes?

Older homes are more likely to have aging systems and appliances, making a home warranty even more valuable:

If you’ve purchased an older home, chances are the previous owners may not have kept up with regular maintenance. A home warranty ensures that when things break, you have a plan in place to get them repaired or replaced quickly.

FAQs About Home Warranties

1. Are Home Warranties Worth It?

Yes! If you want to avoid surprise repair costs and have peace of mind, a home warranty is a smart investment. It prevents you from having to pay thousands of dollars out of pocket for unexpected home repairs.

2. What Does a Home Warranty Cover?

Most plans cover major home systems (HVAC, plumbing, electrical) and appliances (fridge, oven, washer/dryer). Some plans offer additional coverage for items like pools, septic systems, and even home electronics.

3. How Much Does a Home Warranty Cost?

On average, home warranties cost between $300-$600 per year, plus a service fee per claim. Costs vary based on coverage level and provider. (Forbes Home).

4. Can I Transfer a Home Warranty When Selling My House?

Yes! Many home warranties are transferable, making your home more attractive to buyers. A transferable home warranty provides buyers with confidence that they won’t have to deal with unexpected repair costs right after purchasing the home.

5. What’s the Difference Between a Basic and Comprehensive Home Warranty?

A basic home warranty typically covers essential systems and appliances, while a comprehensive plan includes additional items like septic tanks, well pumps, and roof leaks. Always read the contract details before purchasing.

Get Expert Help from Majdas Touch Insurance

If you're looking for a reliable home warranty provider, Majdas Touch Insurance has you covered.

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👉 Contact Majdas Touch Insurance today for a free quote and confidently protect your home.