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Are home warranties actually worth it, or just a waste of money?
Some people swear by them, others say they’re useless. I noticed when you call in for the warranty, they find a way to say it's not covered.
Asked By Yolando L | Pomona, CA | 14 views | Tips Advice | Updated 1 day ago
Answers (3)
Phong Tran
Real Broker
Home warranties aren’t a total waste, but they often disappoint—coverage is limited, claims can get denied, and service can be slow. They can make sense for older homes or if you don’t have cash for repairs, but they’re not true protection and won’t cover everything like people expect. Most experienced homeowners prefer keeping a repair fund instead, since you’ll have more control and fewer headaches.
- 3 hours ago
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Angie Salem
Residential Properties, Ltd
Home warranties are not expensive for the extra peace of mind a new home buyer may have. Some home warranties allow you to choose your own service provider and others provide you with their in network provider. There is a typical 30 day waiting period, and you have to really look at what your annual limits are on coverage. The warranty company will work on getting parts ordered to repair systems/appliances rather than replacing it.
- 14 hours ago
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Tom Pelton
Coldwell Banker Realty
Home warranties aren’t a scam—but they’re not a guaranteed win either.
They’re worth it if the home has older systems, the buyer doesn’t have cash reserves for repairs, or you want peace of mind and a smoother transaction. In those cases, one repair can easily justify the cost.
They’re usually not worth it for newer homes, people who like to choose their own contractors, or homeowners with savings who can handle repairs themselves.
Bottom line: it’s not about saving money—it’s about reducing risk and stress.
They’re worth it if the home has older systems, the buyer doesn’t have cash reserves for repairs, or you want peace of mind and a smoother transaction. In those cases, one repair can easily justify the cost.
They’re usually not worth it for newer homes, people who like to choose their own contractors, or homeowners with savings who can handle repairs themselves.
Bottom line: it’s not about saving money—it’s about reducing risk and stress.
- 18 hours ago
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