What is a key benefit of a home warranty policy for homeowners?

A home warranty policy offers several benefits to homeowners, one of the most significant being coverage for repair costs related to major appliances and systems within the home. This type of insurance typically covers essential components such as heating and cooling systems, plumbing, electrical systems, and key appliances like refrigerators, ovens, and dishwashers.

When appliances or home systems malfunction or break down due to normal wear and tear, a home warranty can significantly alleviate financial burdens by covering the repair or replacement costs. This peace of mind is especially valuable for homeowners who may not have the reserve funds to cover significant repair expenses. Therefore, option C accurately reflects this core advantage of having a home warranty, ensuring that homeowners can address necessary repairs without facing unexpected financial strain.

In contrast, tax deductions on property insurance, coverage for natural disasters, and guaranteed rental income do not directly relate to the primary function of a home warranty. Tax benefits and natural disaster coverage fall under different types of insurance or financial considerations, while guaranteed rental income pertains to investment property management rather than homeowner protection.