Home Protection Plan Facts
- Homes on the market with a home warranty included sell on average 50% faster than homes without. - National Home Warranty Association
- Homes with home warranties return a sales price that averages 3% higher. - Business Week Magazine
- 8 out of 10 buyers prefer to buy a home with a home warranty. - Gallup Poll
- Nationwide, home warranty use is rising with housing trends. - Washington Times
- The average life expectancy of nine critical appliances/home systems is 13 years, and the likelihood of failure of one of these systems in a given year is 68%. - Home Repair and Remodel, Marshall & Swift L.P.
- Homeowners spend an average of $900 each year to repair home systems and appliances. - Consumer Expenditure Survey, U.S. Census
- A home system or appliance repair can range from $65 to $2,000 and replacement averages $1,085. - Home Repair and Remodel, Marshall & Swift L.P.
Home protection plans are available for purchase by all consumers. You do not need to be in a real estate transaction to purchase a home protection plan. Current homeowners are eligible to purchase a home protection plan.
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