4 Reasons Why It's a Good Idea to Have Appliance Insurance

What is a home warranty, and do you need one? You may be familiar with a home warranty in the context of buying or selling a house, but did you know that you can buy one at any time? These policies cover your home appliances and systems just like a car warranty covers your engine. How do you know if a home warranty is right for you? Here are some factors to consider. Your Financial Health Image via Flickr by Polygon Homes If you're living on a tight monthly budget, huge unexpected expenses can force you to run up credit card bills or even dip into your retirement savings. If you don't have enough liquid savings available to replace your furnace or refrigerator, what would you do if they broke down? What if they both broke down at once? When you take out a policy on your appliances and HVAC system, you know how much you're spending and can stay in control of your budget. Peace of Mind Many homeowners live with constant anxiety about their systems and appliances. If you know ...