Buying a new home means buying a lot of new appliances too. When people buy new appliances, they ignore the costs of repairs completely. However, even newly-bought appliances and home systems may fail to meet expectations. They could malfunction at the most inconvenient times, or they could break down completely making the purchase a waste of money. Moreover, whether you are living in an old house or a new one, faulty appliances and systems can cause serious inconvenience. Additionally, they cost a substantial amount of money to repair or replace. Hence, you need to have protection for the house as well as the appliances. This need for protection from high repair costs leads to the need for having a warranty. When it comes to warranty, two major options can do the job. These two options are home warranty and appliance warranty. There is a major debate about which one is the better option between home warranty vs. appliance warranty. Here is everything you need to know to make a good decision: What is a home warranty? In a comparison between home warranty vs. appliance warranty, a home warranty is simply an annual service contract that secures home systems and appliances.