A home warranty can help you cover the cost of repairs and replacements for your major appliances and systems. Similar to an insurance policy, a home warranty provider charges a monthly or annual fee.

Lee Wallender is a home improvement writer of nearly 20 years and specializes in home remodeling, repair and maintenance. Cassidy was an updates editor whose main responsibility is to write and edit ...

A residential service contract is a plan a homeowner purchases from a third-party company that covers repairs to or replacements of home systems and appliances. A true home warranty — also known as a ...

Vehicle service contracts, also known as extended auto warranties, can help you avoid paying for unexpected car repairs. According to government data, the cost of maintaining and repairing a vehicle ...