A residential service contract is a plan a homeowner purchases from a third-party company that covers repairs to or replacements of home systems and appliances. A true home warranty — also known as a ...

Alex Carver is a writer and researcher based in Charlotte, N.C. A contributor to major news websites such as Automoblog and USA Today, she’s written content in sectors such as insurance, warranties, ...

Todd Fields of McKinney experienced an HVAC outage last summer, causing him to be without air conditioning. He had coverage with Home Warranty of America, also known as HWA, but, his claim was denied ...

Residential service contracts, or home warranties, cover a home's essential appliances and systems against normal wear and tear. They're most commonly purchased by first-time homeowners.(Getty Images) ...