I use home advisor and a couple other platforms and pay at least $500 monthly each. Should I be sending these companies 1099’s if so what is the benefit of doing that?

No, you do not need to send Form 1099-MISC to these web-based companies.

These companies are incorporated, and you don't need to report payments to them

Per the IRS:  You are not required to file information return(s) if any of the following situations apply:

• You are not engaged in a trade or business.
• You are engaged in a trade or business and
  • the payment was made to another business that is incorporated, but was not for medical or legal services or
  • the sum of all payments made to the person or unincorporated business is less than $600 in one tax year

Am I Required to File a Form 1099 or Other Information Return?

Thank you for the clarification and insights! I really appreciate it!