If you have an older home or older appliances a Home Warranty is a great investment. Many home warranties can run as high as $700 per year (when all extra options such as a refrigerator and dishwasher/washer/dryer are covered) but for a home owner this is a great investment. For example, one homeowner living in a warm climate had two air conditioners running on top of his home. At least one of these would break down every two years. One call even with a $50 deposit fee quickly caused the Home warranty to pay for itself. In addition, that home owner had a water heater replaced, a refrigerator replaced, a dish washer replaced, and is simply waiting for the washer and dryer as well as other appliances to break. These repairs and replacements would have cost thousands of dollars but the home owner was able to receive them for $700 a year. A Home Warranty is a great investment.

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