Home warranties provide the peace of mind that every homeowner needs. These types of warranties are essentially insurance policies that pay for the repair of appliances should they break down. The best home warranty companies have contracts that are easy to read and provide customers with clear, straightforward policies. Before signing on the bottom line, homeowners need to also review their chosen company's caps, which is the maximum amount that the company will pay out for single repairs or a year's worth of repairs and replacements. Fortunately, plans can be customized based on the unique needs of consumers looking for a comprehensive home warranty. The three best home warranty companies include American Home Shield, Total Protect, and First American Home Warranty. Read on to find out what you need to know about home warranties.