What does a home warranty typically cover?

A home warranty is designed to offer protection against the costs associated with repairing or replacing major systems and appliances within a home. This includes essential components such as plumbing, electrical systems, heating and cooling systems, and major kitchen appliances like refrigerators, ovens, and dishwashers. By incorporating coverage for these items, a home warranty provides peace of mind for homeowners, as it can help mitigate the financial burden of unexpected repairs.

The option that specifies only structural repairs is limited in scope. While structural integrity is crucial, home warranties typically focus more on systems and appliances rather than just the physical structure of the home.

Derivative investment strategies are unrelated to home warranties, as they pertain to financial investment techniques rather than the maintenance and repair of residential properties. Likewise, exterior landscaping services are generally not included in home warranty coverage; these services tend to be part of regular home maintenance rather than warranty support for essential home systems and appliances.

Thus, coverage for repair or replacement of major home systems and appliances accurately represents the primary function of a home warranty, making it the correct answer.