Top Home Warranty Companies 2023 Protect yourself from unexpected repair costs.

1 American Home Coverage - Over 50 years of industry experience 59,746 Reviews

2 Old Republic Home Protection - Comprehensive plans & pricing 11,464 Reviews

Very Good 8.7

3 Liberty Home Guard - For excellent coverage at the lowest price 9,532 reviews

Very Good 8.5

4 First American Home Warranty - Great Customer Ratings 595 reviews

Very Good 7.7

5 American Home Shield - Years of industry experience 289 reviews

Good 7.5

6 American Home Shield - Covers both new and pre-owned properties 59 reviews

Good 6.4

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Here's how it works.

1. Request service online or by phone. Pay your Trade Service Call Fee.

2. A repair professional is scheduled & assigned

3. We repair or replace your covered home system or appliance.

Home Warranty Information

What Does Home Warranty Offer to a Homeowner?

You just purchased your dream house along with the all the perfect décor that turns your dream house into your dream home. It's been a few months and everything is unpacked and placed in its designated spot within your new home. So you turn your attention to rebuilding your savings account since it was depleted from the biggest and most important purchase of your life. However, within a few months of living in your dream home, you experience a costly unexpected expense when your heater blows out during the winter. With a new mortgage payment and a limited amount in savings, you're looking at numerous financial options on how to pay for this unexpected expense. Fortunately, you purchased a home protection plan that will cover this expense as well as any major systems and appliances that may need repair or replacement in your home.

What Does a Home Warranty Include?

Home warranties typically include coverage for the following major appliances and systems:

Central air conditioning systems
Central heating systems
Humidifiers
Interior electrical systems
Refrigerators
Ranges, ovens, and cooktops
Dishwashers
Built-in microwaves
Water heaters
Plumbing systems
Garbage disposals
Washers and dryers
Garage door openers
Roof leaks

When Do You Need a Home Warranty?

Home warranties are offered to all homeowners whether they are new or existing. Typically, home warranty plans are offered to the home-buyer when they are purchasing a new home. However, if the buyer decides not to purchase home warranty insurance simultaneously with their home purchase, then they can secure a home protection plan at a later date. There is no time restriction as to when a homeowner can decide to purchase a warranty plan.

The Cost Involved With a Warranty for Your Home

Typically, a home warranty costs a couple hundred dollars, which can be paid in a lump sum amount during the purchase of a new home. This lump sum payment would be collected at the time closing costs are due for the newly purchased home. However, the seller, real estate agent or a family member or friend can purchase home warranties on behalf of a home-buyer. If a home appliance insurance claim is filed then the homeowner may be responsible for paying a service fee or deductible that typically ranges from $50 to $100. Please note, home warranty companies have different contract agreements therefore, fee amounts may vary.

Home Warranty Process

Filing a claim is a very simple process. Prior to filing your claim, review your insurance contract to verify the item that you need to repair or replace is covered under your plan. Once you verify this information, you'll complete the following steps: Contact your home warranty insurance company to file a claim. The warranty company will review their home warranty plans to verify that you have a plan that covers the item in question. The warranty company will schedule an appointment for you with a local contractor. The contractor will diagnosis the situation and makes a recommendation to repair or replace the item in question. Repairs and replacements will be carried out. You will pay a cost in the form of a service fee to the warranty company. Process is complete.

Conclusion

As there are many providers to choose from that have a variety of plan options; the best home warranty companies depend on how they can meet the needs of your home. The best way to select the right home protection plan for you is by doing your research on what each company has to offer with their plans. For instance, if you have a home with older appliances then you may be interested in locating a plan that has home appliance insurance. Want to learn more before choosing? Here are some tips and tricks to get you up-to-date. Convinced? Check out our expert written reviews for information on the top providers for home warranty. Once you've selected the plan that best fits your needs, you'll join the many homeowners that have peace of mind because they are protected by one of the top home warranty companies.

Why we chose American Home Coverage:

A stand-out from other services, AHC responds swiftly to queries and claims, delivers reliable customer service, and has affordable annual premiums. Our experience: We were impressed with AHC's fast turnaround time when submitting online and phone claims. The support specialists we worked with were knowledgeable and quickly provided helpful information. Why Do You Need a Home Warranty? A Home Warranty is an essential investment that safeguards your valuable home assets, providing you with peace of mind and protecting your finances. It acts as a reliable shield when unforeseen issues arise with your appliances or systems, sparing you from the burden of expensive repairs. By securing a comprehensive home warranty, which covers major appliances and systems like HVAC and even pools, you can save a significant amount of money in the event of unexpected breakdowns. With the Home Warranty in effect, you can rest assured that a reputable and qualified repair professional will swiftly respond to your call, ensuring prompt and efficient service. Furthermore, the convenience and simplicity of having a single point of contact, be it a phone number or website, make it incredibly convenient to access reliable assistance for your appliances and home systems. Invest in a Home Warranty today and experience the invaluable peace of mind that comes with protecting your home investment. How to pick the best Home Warranty for your needs? To choose the best Home Warranty for your needs, start by assessing your specific requirements and prioritizing the appliances and systems that require coverage. Research reputable providers, comparing coverage options, contract terms, and pricing. Consider factors such as customer support and recommendations from trusted sources. Thoroughly review the contract terms, ensuring they align with your expectations. By conducting thorough research and considering these factors, you can confidently select the ideal Home Warranty that provides comprehensive coverage and peace of mind for your home. What Does a Home Warranty Include? A Home Warranty typically covers a range of major appliances and systems. While coverage may vary depending on the specific warranty plan and provider, here is a list of commonly covered items: • Heating, Ventilation, and Air Conditioning (HVAC) systems • Electrical systems • Plumbing systems; Pipes, Faucets, Toilets • Water heaters • Roof leaks • Kitchen Appliances; Refrigerators, Ovens, Stoves, Dishwashers • Laundry Appliances; Washers and Dryers • Garbage disposals • Garage door openers • Built-in microwaves • Ductwork • Ceiling fans • Central vacuum systems • Sump pumps • Whirlpool bathtubs • Pool and spa equipment (may require additional coverage)

What's the difference between a Home Warranty and Home Insurance?

Understanding the distinction between a Home Warranty and Home Insurance is crucial for homeowners seeking comprehensive protection. Home Insurance primarily covers unforeseen events and perils, such as fire, theft, natural disasters, or liability claims. It provides financial reimbursement for property damage and personal belongings.

On the other hand

A Home Warranty is a service contract that covers the repair or replacement of major home systems and appliances due to normal wear and tear. It acts as a safeguard against mechanical failures and breakdowns. While Home Insurance focuses on unexpected events, a Home Warranty offers peace of mind by providing budget-friendly protection for everyday breakdowns. By recognizing the difference between the two, homeowners can make informed decisions and ensure they have both insurance and a Home Warranty in place to safeguard their home and its valuable components.

What is a Home Warranty?

A home warranty serves as a contract that offers customers coverage for repairs and replacements of essential household systems and appliances due to regular wear and tear. It acts as a safeguard against unexpected breakdowns, providing solutions for issues with items such as air conditioning units, stoves, refrigerators, washing machines, and plumbing systems.

How Home Warranties Function

Home warranties provide homeowners with financial protection for repairing or replacing appliances, systems, and other home components that naturally deteriorate over time. Think of a home warranty as a safety net for unforeseen repairs. If a covered item experiences a malfunction, the warranty company bears the cost of repairs or replacements up to the plan's limit.

When faced with a covered item malfunction, simply contact the warranty company. They will send a technician to your home for the necessary repairs. The technician will utilize approved parts from a designated list to fix or replace the item, restoring it to proper functionality.

For each repair or replacement, a nominal service fee or deductible is usually required. Your plan will then cover the remainder of the expenses, ensuring that the financial burden is minimal or nonexistent in the event of a breakdown.

Are Home Warranty Plans Worthwhile?

Home warranty plans are generally advantageous for most homeowners. They provide financial protection against unexpected repair costs, particularly for major appliances like refrigerators and washing machines. There are several compelling reasons to consider a home warranty plan, including the peace of mind it brings. Knowing that you won't have to shoulder hefty repair expenses if something breaks can offer significant relief. Many companies also offer customization options, allowing you to tailor the plan to your specific needs by adding coverage for items like pools, spas, additional appliances, or systems.

Deciding on the Need for a Home Warranty

A home warranty can be beneficial in various scenarios, whether you're moving into a new home or one that has withstood the test of time. For individuals moving into newly constructed homes, a warranty offers coverage against defects and malfunctions in major systems and appliances. It can also reduce overall maintenance costs during the first year.

For older homes, obtaining a warranty is a smart move to protect against costly repairs due to aging and regular usage. While most plans don't cover existing issues in older homes, some home warranties offer coverage for pre-existing conditions. This can lead to reduced-rate or even cost-free repair services.

Choosing the Ideal Home Warranty Plan

When ready to invest in a home warranty plan, follow these steps to ensure you make the best choice for your needs:

Research and Compare Plans: Explore the various home warranty contracts available, considering coverage limits, service fees, and additional benefits.
Ask Key Questions: Reach out to home warranty companies to clarify any doubts you have about their plans, ensuring you understand coverage details and any limitations.
Obtain Multiple Quotes: Before making a decision, gather quotes from several providers to compare prices. Always review the fine print before finalizing your choice.
Check for Credentials: Choose companies certified by reputable organizations to ensure legitimacy and proper licensing.
Review Customer Feedback: Read reviews from past customers to gauge the reliability, helpfulness, and responsiveness of the company's customer service.

Coverage Details of Home Warranty Plans

Basic home warranty plans typically encompass major appliances such as refrigerators, dishwashers, washing machines, dryers, ovens, cooktops, and garbage disposals. Additionally, these plans usually cover vital home systems including the electrical system, ducts, water heater, air conditioner, heating and cooling system, furnace, plumbing system, and garage door.

Many home warranties offer optional add-on coverage for items like septic tanks, in-ground pools, well pumps, sump pumps, central vacuums, spas, and water heaters.

Cost Considerations for Home Warranty Plans

Home warranty plans usually cost between $500 and $900 annually, averaging around $55 to $150 per month. Opting for annual payments often results in discounts from providers. Additionally, a flat service fee or deductible is typically charged for each repair or replacement job. Be sure to thoroughly understand your plan's associated fees by reviewing its terms and conditions.

Advantages of Owning a Home Warranty

A home warranty provides an added layer of insurance for your home, reducing the impact of expensive repairs or replacements on major appliances and items. With a home warranty, you can preemptively manage unexpected expenses and enjoy the peace of mind that covered issues will be promptly resolved.

Benefits for Homeowners and Landlords

Both homeowners and landlords benefit from home warranty policies. Landlords, who rely on rental income, find these policies particularly valuable as they alleviate the need for additional out-of-pocket repair costs. Homeowners benefit from the reassurance that they won't be caught off guard by sudden repair expenses. Most companies offer customizable coverage options, allowing homeowners to select items they wish to protect.

Types of Home Warranty Plans Available

Home warranty plans come in several types to suit different needs:

Appliance-Only Plans: Cover major appliances like cooktops, refrigerators, garbage disposals, and more.
Systems-Only Plans: Focus on home systems including plumbing, electrical, and HVAC.
Comprehensive Plans: Offer coverage for both major appliances and home systems.
Add-On Coverage: Include items not covered in the base plan, such as pools, spas, and additional appliances.

Before committing to a plan, always review the terms and ask questions to ensure you're making an informed decision.

Exclusions from Warranty Coverage

While home warranty plans offer valuable protection, they may not cover everything. Some common exclusions include breakdowns due to improper maintenance, damage from DIY repairs, pre-existing damage, cosmetic issues, code violations, and more. Always review your plan's terms and conditions to understand its limitations.

Navigating the Home Warranty Claims Process

Filing a claim with your home warranty company doesn't need to be daunting. Follow these steps:

Contact the Company: Inform the warranty company about the issue, providing relevant details.
Submit Online Claim Form (If Applicable): Some companies require an online claim form for clarity.
Await Confirmation: Wait for claim confirmation, usually within 24 hours.
Pay Service Fees: Pay a service fee before repairs begin.
Arrange for Repair or Replacement: Once approved, repair or replacement is initiated.

Home Warranty vs. Homeowners' Insurance

Home warranties differ from homeowners' insurance. While homeowners' insurance covers events like fires and theft, home warranties focus on the repair and replacement of major household systems and appliances due to normal wear and tear.

Additional Considerations and Conclusion

In addition to the top home warranty companies mentioned earlier, alternatives like Sears Home Warranty, HSA Home Warranty, Landmark Home Warranty, HomeServe USA, and Amazon Home Warranty are also worth considering.

Choosing a home warranty requires careful consideration of your coverage needs, budget, and contract terms. Always research and gather quotes from multiple providers before making a decision.

Protect Your Investment with a Home Warranty

Home warranties offer homeowners a safety net against unexpected repair expenses. From basic appliances to vital home systems, a home warranty can save you from financial strain while ensuring your home functions smoothly.

Whether you're a buyer, seller, homeowner, or landlord, a home warranty can provide the peace of mind that your investment is well-protected.

Remember, investing in a home warranty means making a smart choice for the long-term well-being of your home and your wallet.

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Old Republic Home Protection - Comprehensive plans & pricing 11,464 Reviews