Like all warranties, a home warranty protects against expensive, unforeseen repair bills and provide peace of mind once you purchase your home.
The last thing you want once escrow closes is to have a major plumbing issue or an electrical failure . With a home warranty you get the piece of mind knowing that if anything major happens to your home, the home warranty is there to take care of those issues. With a home warranty you pay a small service call fee typically around $60-70, the rest of the cost is paid for by the home warranty company.
Bottom line is this provides a peace of mind and could save you thousands of dollars in repair.