Finally, it is common for homeowners to invest in homeowners’ insurance but not home warranty plans thinking that it will cover for the repairs. Homeowners’ insurance only covers the risks that are indicated in the insurance contract such as fire, flooding, and theft. It, therefore, means that with homeowners’ insurance cover, you will still have to take care of the cost of the repairs that might arise. The coverage is usually limited to the damages on the structure of your home and does not extend to appliances such as HVAC. In conclusion, you should ensure that you invest in a home warranty plan as it is beneficial in several ways. Learn more about home warranty.