A home warranty is one of the most mystifying products in existence, but it has been gaining a lot of success as of recent. ServiceMaster Global, which owns American Home Shield, the largest and most recognizable company in the home warranty industry, has reported a revenue of more than US $1,000,000,000 in 2016! Such incredible revenue for a company of that type have lead the decision makers to spin it off to a separate company, a testimony to its incredible popularity. American Home Shield employees 1,600 men and women in…
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Home warranties vs. home insurance: What are the benefits?
Owning a home comes with a lot of responsibility in terms of protecting your belongings and the house itself. Having a home warranty and insurance coverage can relieve some of the stresses that come with leaky plumbing and broken appliances. There is definitely a risk associated with choosing to use a home warranty or insurance company, but should something major happen, having one or both of these services can save a lot of money. The main difference between a warranty and homeowners insurance is that home warranties cover appliances and systems…
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