Which of the following is NOT a type of insurance?

A warranty is different from insurance because it typically covers the repair or replacement of a specific item or system if it fails within a certain period, often based on a predetermined set of conditions. Warranties are generally provided by manufacturers or sellers as a form of assurance regarding the quality and lifespan of a product, rather than as a financial safety net against potential risks or damages.

In contrast, health, car, and homeowners insurance are all forms of coverage that customers purchase to protect themselves financially from risks associated with health issues, automobile accidents, and damage to their homes, respectively. These insurances spread the risk and help mitigate potential financial losses, which is the primary purpose of insurance as a whole. Understanding these distinctions emphasizes the nature of coverage and protection that insurance provides compared to warranties.