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Are home warranties worth it?

Are home warranties worth it? Bankrate 2 hrs ago © GeorgePeters/Getty Images A technician fixing an appliance Imagine that a week after moving into your home, you turn on the air conditioning and it doesn t work - or your dishwasher suddenly quits, or the furnace goes out in the dead of winter. Purchasing a home warranty can help alleviate some of the financial burden new homeowners face when a major appliance or home system goes out. Yes, you ll pay for the warranty upfront, but the savings could be worth the added expense. Here s an overview on what a home warranty is, how much it costs and if it s worth it.

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