A home warranty plan can help cover the cost of repair or replacement when a home’s systems or appliances break. CBS News’ Tim Maxwell reached out to Thomas McCormack, Resources Real Estate Senior Partner & Broker for his opinion.
“Many Americans are starting the new year by reviewing their finances and making strategic moves to earn and save more in 2024. This practice can also be helpful for homeowners. After all, understanding what costs you may incur in the coming months can help you plan ahead and potentially avoid a financial bind.
A home warranty can be a valuable tool for covering the costs of repairing or replacing your appliances and household systems when they break down. Unlike, which covers your home and belongings from unexpected events like fires and natural disasters, a home warranty is essentially a service contract that covers normal wear and tear…”