Home warranty and homeowners insurance coverage offers both important coverages to help protect home buyers and homeowners from high costs due to damage to their home, or the costs associated with repairing or replacing a home’s systems and appliances.
The seller is expected to pay for the home warranty expense since it comes out of escrow and is a great way to avoid lawsuits. We generally insist on them, unless it is a total fixer.
Depending on the size of the home they cost between $400 -$1000. Some luxury homes can cost well into the thousands, often depending on the size and number of appliances. Don’t forget to include the pool or jacuzzi if they have them.
Getting a Warranty protects both the seller and buyer from unknowns They also give the buyer the assurance that the owner is willing to warranty the home’s appliances. The seller pays for the home warranty.
Agents have specific experience with the various vendors, what they cover, and their service level objectives.
https://en.wikipedia.org/wiki/Home_warranty
https://en.wikipedia.org/wiki/Home_insurance