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Many homeowners know just how valuable a home warranty plan can be. With a low annual payment that amounts to around $1-2 a day, it will cover repairs to designated household appliances and in-home systems that could otherwise result in a tremendous financial burden should something go awry.
Home warranty protection is meant to serve the needs of new buyers. You're already shelling out money every month on a mortgage, interest rates may increase down the line - do you really wish to worry about possible future home repairs, as well?
A home owner warranty provides peace of mind and financial security, but many Americans, particularly first-time home buyers, don't think that far ahead when purchasing a house.
