A home warranty is a contract between the homeowner and the home warranty company that provides for discounted repair and replacement service of the home's major components, such as the furnace, HVAC, plumbing and electrical systems. They may also cover major appliances, such as washers and dryers, refrigerators and swimming pools. That being said, yes, I do recommend purchasing a home warranty. Here are three benefits of having a home warranty.

1. Discounted Repairs and Replacement Services

Home warranties provide discounted rates on repairs and replacements for your home's major systems and appliances. This can be a lifesaver if your HVAC system goes out in the middle of summer or your fridge breaks down unexpectedly. Constantly having to pay for unexpected repairs can get expensive, so it's nice to have a safety net in place with a home warranty.

2. Protection for New Homeowners

A home warranty can also be beneficial for new homeowners who may not be familiar with all of the intricacies of their new home just yet. With a home warranty in place, you can have peace of mind knowing that if something does go wrong, you're covered.

3. Added Protection for Home Sellers

Finally, home sellers often offer a home warranty as an added measure of protection against complaints about defects that might arise after the sale closes. This helps to give both the buyer and the seller a sense of security in the transaction.

In conclusion, I believe that there are many benefits to having a home warranty in place. If you're a new homeowner or planning on selling your home, I would highly recommend considering purchasing a home warranty to help protect you from expensive repairs and give you peace of mind.