A home warranty is more than just a service contract — it can serve as a financial safety net for homeowners. Whether you're dealing with a broken refrigerator, HVAC failure, or electrical issues, a home warranty can offer valuable protection against costly repairs and replacements. Here's why many homeowners find it beneficial. A home warranty helps homeowners potentially save money by covering the repair or replacement costs of major home systems and appliances that break down due to normal wear and tear. Here’s how it works.