I would like to know if I should buy warranty insurance for my home. How much does it cost?
Your home warranty can help you repair your major appliances or other home systems – for example, HVAC and plumbing systems, washer, dryer, dishwasher, oven, refrigerator, etc. – if they break down. Note that your basic homeowner’s policy won’t cover these types of things, although it may cover theft and power surges.
The average price for home warranty insurance is between $300 and $600 per year, depending on the location, plan type, service fee, and other factors. Anyway, home warranty insurance is a smart choice in the long run.
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