How you pay depends on how you obtained your home warranty (Home Service Plan). Generally, homeowners can get a Home Service Plan in one of four ways.
- The homeowner buys one for themselves.
- A real estate agent buys it for the buyer at closing.
- The home seller buys it for the buyer as an incentive.
- A friend or family member buys it for the homeowner.
If you purchase it yourself, you may be eligible for either annual payment or monthly payment.