Most homeowners insurance plans do not cover routine home maintenance. Homeowners insurance is designed to cover repair expenses that result from a covered event, such as a fire, hurricane, or theft.
For maintenance costs related to normal wear and tear of your home appliances and systems, a home warranty costs $420 to $1,300 per year or about $35 to $90 per month, plus a $75 to $125 service visit fee, depending on the level of coverage you choose. Home warranties tend to have a lot of exclusions, so be sure to read through all the terms and conditions before purchasing so you understand exactly what it covers.