What is the function of a home warranty?

A home warranty primarily serves to cover the repair or replacement costs of major home systems and appliances that may fail due to normal wear and tear. This service provides peace of mind to homeowners by protecting them from unexpected expenses related to the malfunctioning of systems such as heating, cooling, plumbing, and electrical systems, along with major appliances like refrigerators and washers.

This choice accurately captures the essence of a home warranty, as it is designed specifically to mitigate the financial burden associated with these repairs. It not only helps homeowners save money but also adds a layer of security in maintaining the home’s functionality.

In contrast, the other options do not accurately represent the function of a home warranty. For instance, covering costs of all renovations or assisting with the buying process focuses more on other aspects of homeownership that are not the specific protection against system failures provided by a warranty. Ensuring the property title is clear pertains to title insurance, which is a separate concept entirely.