A home warranty is simply a type of insurance policy that, for a small monthly fee, will help alleviate a large expense for the repair of any covered appliance or home system.

In many cases the cost for a full year or more of coverage is saved by one instance of repair. If you need a repair for your home, you will have to find a contractor, pay them cash from your pocket, and hope they do a good job.

With a home warranty you call one place and they send a qualified professional that they work with on a regular basis. This contractor depends on them for business and must keep his reputation in good standing.