Not having a home warranty can lead to financial strain and stress for homeowners when unexpected repairs or replacements are needed for appliances and systems in their home. These expenses can add up quickly and can be a significant burden for homeowners who may not have the savings or budget to cover them. 

On the other hand, having a home warranty can provide peace of mind and financial protection for homeowners. A home warranty can cover the costs of repairs or replacements for appliances and systems, preventing homeowners from having to pay out of pocket for these expenses. Additionally, a home warranty can also provide access to a network of qualified service professionals, ensuring that repairs are done correctly and efficiently.