With the high cost of repairs and the lack of disposable income, home warranty insurance protection plans have become very popular. So are they worth the expense? I have a little personal experience with my own home and a purchased warranty so I thought I’d share my thoughts on the subject.
We purchased our current home a little over a year ago and one of the perks to entice potential buyers was an included third party home warranty purchased by the seller. I have to …

If you want to avoid problems with your home warranty coverage, read your contract carefully!  Even the best companies with good intentions can end up in disputes with customers because of a simple misunderstanding.
Buying a new home warranty is much like buying an extended warranty on your refrigerator or car — there are a lot of questions to be asked.
Many states have different laws regarding home warranties. For example, in California, state law allows you to sue builders for general defects for up to four years after …

Homeowners insurance is a necessary product for your home, and in fact is required by nearly all mortgage lenders in order to protect their investment (your property).  A home warranty is a supplemental, optional type of coverage that can protect the homeowner against home systems (HVAC / Roofing / Etc) and appliance failures and spare the homeowner the replacement cost.
Homeowners insurance covers personal belongings and the entire house in case fire, theft, or natural disasters such as lightning, a tree falling, heavy snow …