We are independent & ad-supported. We may earn a commission for purchases made through our links.
Advertiser Disclosure
Our website is an independent, advertising-supported platform. We provide our content free of charge to our readers, and to keep it that way, we rely on revenue generated through advertisements and affiliate partnerships. This means that when you click on certain links on our site and make a purchase, we may earn a commission. Learn more.
How We Make Money
We sustain our operations through affiliate commissions and advertising. If you click on an affiliate link and make a purchase, we may receive a commission from the merchant at no additional cost to you. We also display advertisements on our website, which help generate revenue to support our work and keep our content free for readers. Our editorial team operates independently of our advertising and affiliate partnerships to ensure that our content remains unbiased and focused on providing you with the best information and recommendations based on thorough research and honest evaluations. To remain transparent, we’ve provided a list of our current affiliate partners here.

What are the Benefits of a Home Warranty on Appliances?

By Donn Saylor
Updated May 16, 2024
Our promise to you
SmartCapitalMind is dedicated to creating trustworthy, high-quality content that always prioritizes transparency, integrity, and inclusivity above all else. Our ensure that our content creation and review process includes rigorous fact-checking, evidence-based, and continual updates to ensure accuracy and reliability.

Our Promise to you

Founded in 2002, our company has been a trusted resource for readers seeking informative and engaging content. Our dedication to quality remains unwavering—and will never change. We follow a strict editorial policy, ensuring that our content is authored by highly qualified professionals and edited by subject matter experts. This guarantees that everything we publish is objective, accurate, and trustworthy.

Over the years, we've refined our approach to cover a wide range of topics, providing readers with reliable and practical advice to enhance their knowledge and skills. That's why millions of readers turn to us each year. Join us in celebrating the joy of learning, guided by standards you can trust.

Editorial Standards

At SmartCapitalMind, we are committed to creating content that you can trust. Our editorial process is designed to ensure that every piece of content we publish is accurate, reliable, and informative.

Our team of experienced writers and editors follows a strict set of guidelines to ensure the highest quality content. We conduct thorough research, fact-check all information, and rely on credible sources to back up our claims. Our content is reviewed by subject-matter experts to ensure accuracy and clarity.

We believe in transparency and maintain editorial independence from our advertisers. Our team does not receive direct compensation from advertisers, allowing us to create unbiased content that prioritizes your interests.

Obtaining a home warranty on appliances ensures the repair or replacement of certain major appliances and household items. When purchasing a home warranty, there are distinct benefits to both home buyers and home sellers. Each advantage offers individuals peace of mind, home protection, and assurance that potentially pricey repairs can be tackled without a significant amount of overhead cost.

For home buyers, a home warranty on appliances means, first and foremost, that should a covered appliance break down, the cost of fixing — or in some cases, replacing — the item will be paid for by the home warranty company. A home buyer pays a premium, typically at a yearly rate, in order to indemnify the appliances in the new home. There are, however, only specific items traditionally covered by this type of policy. These include larger appliances like dishwashers, garbage disposals, stoves and ovens, microwaves, telephones, and any other major household items that were purchased with the home. Home warranty coverage may also protect electrical wiring, plumbing, heating systems, and water heaters.

In many instances, a home buyer may not even have to foot the bill for a home warranty on appliances. If a home seller is motivated enough and is confident in the integrity of the appliances, he or she might offer to purchase the warranty for the buyer. This benefit ensures the home buyer that the appliances that come with the house are in proper working order.

Home sellers can also benefit from buying a home warranty on appliances. Offering to provide coverage is a definite perk for interested home buyers as it will reduce a buyer's cost and provide less questioning about the proper working order of the home. Another benefit for home sellers arises if they choose to purchase coverage during the actual sale of the house. The premium will not be due until the sale is closed, and the seller can use any profit made on the home to buy the warranty.

A home warranty on appliances will typically vary by provider. Some plans may only cover cost of repair, while others may pay for a new appliance should the repair cost be too great. Items like air conditions, swimming pools and spas, and washers and dryers might be covered by certain home warranty companies. Others may offer to cover these items for an additional fee on the yearly premium. Small household appliances like toasters, blenders, and convection ovens are traditionally not insured by home warranties.

SmartCapitalMind is dedicated to providing accurate and trustworthy information. We carefully select reputable sources and employ a rigorous fact-checking process to maintain the highest standards. To learn more about our commitment to accuracy, read our editorial process.
Discussion Comments
SmartCapitalMind, in your inbox

Our latest articles, guides, and more, delivered daily.

SmartCapitalMind, in your inbox

Our latest articles, guides, and more, delivered daily.