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We maintain complete transparency with the readers on our website. The company rankings on our site are independent of any marketing relationships that we may hold with a home warranty company. We may receive compensation for receiving quotes or placing advertisements. However, this does not affect a company's rankings. Companies are ranked solely on the basis of consumer reviews and ratings received from home warranty users.

*The lead information obtained will be sent to the respective companies as selected by the readers. However, the lead will be shared with a similar company if the selected company either doesn't participate in Leads Program or doesn't respond.

Best Home Warranty Companies 2024

Are you tired of worrying about unexpected home repairs? Do you want the peace of mind of knowing you're protected from the financial burden of breakdowns? A home warranty may be the perfect solution. Our review of the best home warranty companies for 2024 will help you find an ideal choice for your requirements.

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threehalf_star3.3/5

Based on 889 Reviews

2 Months Free + $200 Off
sponsored
threehalf_star3.8/5

Based on 4,577 Reviews

$150 Off + Free Roof Coverage + 2 Months Free

Detailed Review Of Best Home Warranty Companies

Explore 2024's top home warranty companies and compare vital details such as coverage , pricing, customer service, and local network strength to identify an ideal plan as per your needs. Let's navigate the home warranty landscape together and empower you to make the smartest choice for your home's future!

best pick
fourhalf_star 4.7/5

Pros

  • Elite Home Warranty is accredited by the BBB and holds an A+ rating
  • The company offers 24/7 US Based Live Claims Concierge
  • EHW offers no contracts, allowing cancellation anytime
  • The company offers a 90-day workmanship warranty to the customers

Cons

  • Does not provide proper pricing details on the website
 image displaying the offers available for the purchase of the home warranty plan

$150 Off + 2 Months Free

Premium

$45 - $60

Deductible

$70

States Covered

47 States

Coverage not available in California, Texas and Wisconsin

Appliances Coverage Limit

$15K

Response Time

24 - 48 hours

Read More

Read Less

Pros

  •  Elite Home Warranty is accredited by the BBB and holds an A+ rating
  • The company offers 24/7 US Based Live Claims Concierge
  • EHW offers no contracts, allowing cancellation anytime
  • The company offers a 90-day workmanship warranty to the customers

Cons

  • Does not provide proper pricing details on the website
fourhalf_star 4.5/5

Pros

  • Flexible service call fee
  • Covers undetectable pre-existing conditions
  • Offers generous coverage caps

Cons

  • Limited additional coverage options

Premium

$29 - $89

Deductible

$100 & $125

States Covered

48 States

Coverage not available in Alaska and Hawaii

Appliances Coverage Limit

$4K - $5K

Response Time

Up to 48 hours

Read More

Read Less

Pros

  • Flexible service call fee
  • Covers undetectable pre-existing conditions
  • Offers generous coverage caps

Cons

  • Limited additional coverage options
threehalf_star 3.7/5
View More

Pros

  • Free roof leak coverage
  • 24/7 customer service
  • 90-day parts guarantee and 30-day labor guarantee

Cons

  • No choice of contractor
  • Low aggregate limit for the contract
 image displaying the offers available for the purchase of the home warranty plan

1st month free + Free roof coverage

Premium

$46 - $55

Deductible

$75 - $125

States Covered

49 States

Coverage not available in Washington

Appliances Coverage Limit

Upto $3K/item

Response Time

Up to 48 hours

Read More

Read Less

Pros

  • Free roof leak coverage
  • 24/7 customer service
  • 90-day parts guarantee and 30-day labor guarantee

Cons

  • No choice of contractor
  • Low aggregate limit for the contract
threehalf_star 3.9/5

Pros

  • Your systems and appliances are covered no matter what their age
  • Offers services in all 50 States
  • Offers protection to electronic gadgets
  • Rated A by the BBB

Cons

  • Includes clothes washer and dryer coverage as an add-on only

Premium

$45 - $84

Deductible

$125

States Covered

All 50 U.S States

Appliances Coverage Limit

$1K

Response Time

Within 48 hours

Read More

Read Less

Pros

  • Your systems and appliances are covered no matter what their age
  • Offers services in all 50 States
  • Offers protection to electronic gadgets
  • Rated A by the BBB

Cons

  • Includes clothes washer and dryer coverage as an add-on only
threehalf_star 3.7/5

Pros

  • Service guarantee for the entire term plan
  • Choice of technician
  • Plans with extra benefits available

Cons

  • Limited add-on options
  • Doesn’t cover pre-existing conditions

Premium

$33 - $56

Deductible

$75 - $125

States Covered

46 States

Coverage not available in California, Florida, Hawaii and Washington

Appliances Coverage Limit

N/A

Response Time

N/A

Read More

Read Less

Pros

  • Service guarantee for the entire term plan
  • Choice of technician
  • Plans with extra benefits available

Cons

  • Limited add-on options
  • Doesn’t cover pre-existing conditions
four_star 4/5

Pros

  • Offers various deductible and payment options
  • Gives a choice to pick your licensed contractor
  • Offers roof and extended pipe leak coverage

Cons

  • Higher premiums on lower deductibles

Premium

$58.82 - $63.48

Deductible

$50 & $100

States Covered

49 States

Coverage not available in California

Appliances Coverage Limit

$25,000 contractual limit

Response Time

48 - 72 hours

Read More

Read Less

Pros

  • Offers various deductible and payment options
  • Gives a choice to pick your licensed contractor
  • Offers roof and extended pipe leak coverage

Cons

  • Higher premiums on lower deductibles
fourhalf_star 4.7/5

Pros

  • Offers workmanship guarantee of 60-days
  • Provides extensive add-on coverage
  • Offers live chat option

Cons

  • Comparatively new in the market; low in experience

Premium

$50 - $60

Deductible

$90

States Covered

All 50 U.S States

Appliances Coverage Limit

$2K/Item

Response Time

Up to 48 hours

Read More

Read Less

Pros

  • Offers workmanship guarantee of 60-days
  • Provides extensive add-on coverage
  • Offers live chat option

Cons

  • Comparatively new in the market; low in experience
threehalf_star 3.9/5

Pros

  • Offers coverage for pest control
  • Has no dollar limits on refrigerant replacement

Cons

  • Cost and coverage differs greatly between states

Premium

$315 - $685

Deductible

$85 - $110

Appliances Coverage Limit

Varies by state & covered item

Response Time

N/A

Read More

Read Less

Pros

  • Offers coverage for pest control
  • Has no dollar limits on refrigerant replacement

Cons

  • Cost and coverage differs greatly between states
threehalf_star 3.3/5

Pros

  • Provides discounts on annual plans
  • Offers a service guarantee of 90 days

Cons

  • Does not provide system-or-appliance-only plans
 image displaying the offers available for the purchase of the home warranty plan

$200 Off + 2 Months Free*

Premium

$43 - $79

Deductible

$75

States Covered

46 States

Coverage not available in California, Nevada, New York and Washington

Appliances Coverage Limit

$3K/item

Response Time

48 hours

Read More

Read Less

Pros

  • Provides discounts on annual plans
  • Offers a service guarantee of 90 days

Cons

  • Does not provide system-or-appliance-only plans
twohalf_star 2.8/5

Pros

  • Does not mandate home inspections
  • Offers Plumbing Plus and various such upgrades

Cons

  • Offers limited add-ons

Premium

$47 - $87

Deductible

$75, $100 & $125

Appliances Coverage Limit

$2.5K

Response Time

Up to 48 hours

Read More

Read Less

Pros

  • Does not mandate home inspections
  • Offers Plumbing Plus and various such upgrades

Cons

  • Offers limited add-ons
fourhalf_star 4.2/5

Pros

  • Offer 24/7 emergency services
  • Offers aggregate coverage limit of $25,000

Cons

  • No choice of contractor in a non-emergency situation

Premium

$17 - $69

Deductible

$65, $85, $100

States Covered

44 States

Coverage not available in Alaska, Hawaii, New Hampshire, Oklahoma, Wisconsin and Wyoming

Appliances Coverage Limit

$25K

Response Time

N/A

Read More

Read Less

Pros

  • Offer 24/7 emergency services
  • Offers aggregate coverage limit of $25,000

Cons

  • No choice of contractor in a non-emergency situation
four_star 4/5

Pros

  • Offers multi-year coverage
  • Doesn’t charge a deductible

Cons

  • Offers coverage for only one product per plan
  • Comparatively more expensive than most comprehensive plans

Premium

$5 - $350

Deductible

N/A

States Covered

All 50 U.S States

Appliances Coverage Limit

As per item’s value

Response Time

N/A

Read More

Read Less

Pros

  • Offers multi-year coverage
  • Doesn’t charge a deductible

Cons

  • Offers coverage for only one product per plan
  • Comparatively more expensive than most comprehensive plans
threehalf_star 3.8/5

Pros

  • Provides discounts on multi-year plans
  • Has extensive contractor network

Cons

  • Lower dollar limits for appliances
 image displaying the offers available for the purchase of the home warranty plan

$150 off + Free roof coverage + 2 months free

Premium

$44 - $47

Deductible

$60 - $75

States Covered

47 States

Coverage not available in Nevada, Washington and Wisconsin

Appliances Coverage Limit

$3K/Item

Response Time

12 - 48 hours

Read More

Read Less

Pros

  • Provides discounts on multi-year plans
  • Has extensive contractor network

Cons

  • Lower dollar limits for appliances
fourhalf_star 4.5/5

Pros

  • EHW offers a higher coverage cap than most competitors
  • The company offers highly customizable plans along with add-ons
  • Elevate offers a competitive service fee

Cons

  • Has limited optional coverage add-ons

Premium

$25-$42

Deductible

$59

States Covered

2 States

Coverage available in Arizona and Utah

Appliances Coverage Limit

N/A

Response Time

N/A

Read More

Read Less

Pros

  • EHW offers a higher coverage cap than most competitors
  • The company offers highly customizable plans along with add-ons
  • Elevate offers a competitive service fee

Cons

  • Has limited optional coverage add-ons
fourhalf_star 4.4/5

Pros

  • Comprehensive coverage limits on water lines
  • 30 days money-back guarantee
  • Offers 1-year guarantee on repairs

Cons

  • No choice of contractor

Premium

$60-$175

Deductible

N/A

States Covered

All 50 U.S States

Appliances Coverage Limit

$2k- $12k

Response Time

N/A

Read More

Read Less

Pros

  • Comprehensive coverage limits on water lines
  • 30 days money-back guarantee
  • Offers 1-year guarantee on repairs

Cons

  • No choice of contractor
fourhalf_star 4.5/5

Pros

  • Hires only professional contractors or technicians after rigorous checks
  • Charges a lower deductible
  • Covers unknown pre-existing conditions

Cons

  • Does not offer an option to opt for monthly plans

Premium

$40-$50

Deductible

$75

States Covered

2 States

Coverage available in Illinois and Wisconsin

Appliances Coverage Limit

$500-$2k

Response Time

N/A

Read More

Read Less

Pros

  • Hires only professional contractors or technicians after rigorous checks
  • Charges a lower deductible
  • Covers unknown pre-existing conditions

Cons

  • Does not offer an option to opt for monthly plans
threehalf_star 3.8/5

Pros

  • Offers termite & pest control treatment under all plans
  • Covers pre-existing conditions

Cons

  • No option to opt for monthly subscription

Premium

$32-$59

Deductible

$75

States Covered

3 States

Coverage available in Arizona, Nevada and Texas

Appliances Coverage Limit

$300-$2k

Response Time

N/A

Read More

Read Less

Pros

  • Offers termite & pest control treatment under all plans
  • Covers pre-existing conditions

Cons

  • No option to opt for monthly subscription
fourhalf_star 4.2/5

Pros

  • Proper Coverage Options
  • Flexible deductible options

Cons

  • No Online Chat Support

Premium

$33-$50

Deductible

$75, $100, $125

States Covered

All 50 U.S States

Appliances Coverage Limit

Up to $1200

Response Time

N/A

Read More

Read Less

Pros

  • Proper Coverage Options
  • Flexible deductible options

Cons

  • No Online Chat Support
fourhalf_star 4.7/5

Pros

  • Offer 13 months of coverage on annual plans
  • Has many add-on options in addition to standard plans
  • Provides 90 days parts recall and 30 days labor recall
  • Offers coverage for outside utility lines such as sprinklers, sewer lines, and water line

Cons

  • No 24/7 customer service
  • Charges a fee for contract transfer

Premium

$50 - $62

Deductible

$65 - $125

States Covered

All 50 U.S States

Appliances Coverage Limit

$6K - $9K per plan

Response Time

24 to 48 hours

Read More

Read Less

Pros

  • Offer 13 months of coverage on annual plans
  • Has many add-on options in addition to standard plans
  • Provides 90 days parts recall and 30 days labor recall
  • Offers coverage for outside utility lines such as sprinklers, sewer lines, and water line

Cons

  • No 24/7 customer service
  • Charges a fee for contract transfer
fourhalf_star 4.4/5

Pros

  • Offers a one-year labor guarantee on covered repairs
  • No fee to make service call
  • Offers both individual and combo plans

Cons

  • No optional add-ons to plans

Premium

$5.49 - $55.99

Deductible

N/A

States Covered

All 50 U.S States

Appliances Coverage Limit

$3K-$12K/Item

Response Time

N/A

Read More

Read Less

Pros

  • Offers a one-year labor guarantee on covered repairs
  • No fee to make service call
  • Offers both individual and combo plans

Cons

  • No optional add-ons to plans
fourhalf_star 4.6/5

Pros

  • Choice of own repair contractors
  • Pays 100% of the approved cost of repair
  • Preventive maintenance is available

Cons

  • Higher premiums
  • Lower coverage limit

Premium

$45 - $75

Deductible

No Service Fee

States Covered

47 States

Coverage not available in Massachusetts, New York and Wisconsin

Appliances Coverage Limit

$150 - $1K

Response Time

up to 48 hours

Read More

Read Less

Pros

  • Choice of own repair contractors
  • Pays 100% of the approved cost of repair
  • Preventive maintenance is available

Cons

  • Higher premiums
  • Lower coverage limit
three_star 3/5

Pros

  • Offers 180-day workmanship guarantee
  • Provides free water sensor to detect leaks
  • Has a digital dashboard for customers

Cons

  • Limited optional add-ons as compared to the competition

Premium

$38 - $66

Deductible

$100, $125, $150

States Covered

48 States

Coverage not available in Alaska and Hawaii

Appliances Coverage Limit

$10K

Response Time

Same day

Read More

Read Less

Pros

  • Offers 180-day workmanship guarantee
  • Provides free water sensor to detect leaks
  • Has a digital dashboard for customers

Cons

  • Limited optional add-ons as compared to the competition
threehalf_star 3.4/5

Pros

  • Offers free HVAC tune-ups with their Shield Platinum option
  • Covers items irrespective of their age

Cons

  • Landmark Home Warranty has Complaints of delays in service

Premium

$29.99-$79.99

Deductible

$100-$125

States Covered

6 States

Coverage available in Arizona, Idaho, Nevada, Oregon, Texas and Utah

Appliances Coverage Limit

$2k-$5k

Response Time

N/A

Read More

Read Less

Pros

  • Offers free HVAC tune-ups with their Shield Platinum option
  • Covers items irrespective of their age

Cons

  • Landmark Home Warranty has Complaints of delays in service
three_star 3/5

Pros

  • Covers unknown pre-existing conditions
  • Provides coverage for freon, rust, and corrosion at no extra charge

Cons

  • Does not provide information on aggregate coverage limits before sign-ups

Premium

$23 - $79

Deductible

$75

States Covered

4 States

Coverage available in Arizona, Florida, Nevada and Texas

Appliances Coverage Limit

$250 - $1.5K

Response Time

N/A

Read More

Read Less

Pros

  • Covers unknown pre-existing conditions
  • Provides coverage for freon, rust, and corrosion at no extra charge

Cons

  • Does not provide information on aggregate coverage limits before sign-ups
twohalf_star 2.1/5

Pros

  • Offers pest control in all plans
  • Provides priority services in case of emergency
  • Licensed and pre-screened technicians are available

Cons

  • Does not offer an option to subscribe to monthly plans

Premium

$67 - $86

Deductible

$75

States Covered

10 States

Appliances Coverage Limit

Up to $5K

Response Time

N/A

Read More

Read Less

Pros

  • Offers pest control in all plans
  • Provides priority services in case of emergency
  • Licensed and pre-screened technicians are available

Cons

  • Does not offer an option to subscribe to monthly plans
threehalf_star 3.6/5

Pros

  • Guarantees to response within 24 hours
  • Offers 2 additional months on the yearly plan

Cons

  • Online chat is not supported

Premium

$30-$72

Deductible

$75

States Covered

1 States

Coverage available in Colorado

Appliances Coverage Limit

$120 - $1600

Response Time

N/A

Read More

Read Less

Pros

  • Guarantees to response within 24 hours
  • Offers 2 additional months on the yearly plan

Cons

  • Online chat is not supported
twohalf_star 2.8/5

Pros

  • Offers extensive add-on coverage
  • Protection for mobile phones and smart devices is available
  • Maintains transparency and provides detailed information on the website

Cons

  • The basic plan covers only 5 appliances

Read More

Read Less

Pros

  • Offers extensive add-on coverage
  • Protection for mobile phones and smart devices is available
  • Maintains transparency and provides detailed information on the website

Cons

  • The basic plan covers only 5 appliances
zero_star 0/5

Pros

  • No waiting period; coverage begins instantly after paying the premium
  • Offers comprehensive coverage

Cons

  • Lack of transparency regarding coverage limits

Premium

$50

Deductible

$65 -$130

States Covered

1 States

Coverage available in Utah

Appliances Coverage Limit

$2k - $3k

Response Time

N/A

Read More

Read Less

Pros

  • No waiting period; coverage begins instantly after paying the premium
  • Offers comprehensive coverage

Cons

  • Lack of transparency regarding coverage limits
onehalf_star 1.7/5

Pros

  • Provides full reimbursement or replacement on home appliances/systems
  • No service call fee or deductible

Cons

  • Warranty is only applicable to new items purchased from Home Depot within a 90-day window
  • Coverage starts after the manufacturer’s labor warranty ends

Premium

Up to $600

Deductible

N/A

States Covered

All 50 U.S States

Appliances Coverage Limit

$500

Response Time

N/A

Read More

Read Less

Pros

  • Provides full reimbursement or replacement on home appliances/systems
  • No service call fee or deductible

Cons

  • Warranty is only applicable to new items purchased from Home Depot within a 90-day window
  • Coverage starts after the manufacturer’s labor warranty ends
twohalf_star 2.4/5

Pros

  • Includes coverage for pre-existing conditions
  • Provides home maintenance services like pest & termite control

Cons

  • No monthly subscription option available

Premium

Deductible

States Covered

1 States

Coverage available in Texas

Appliances Coverage Limit

N/A

Response Time

N/A

Read More

Read Less

Pros

  • Includes coverage for pre-existing conditions
  • Provides home maintenance services like pest & termite control

Cons

  • No monthly subscription option available
onehalf_star 1.9/5

Pros

  • Provides 14 months of coverage on the Home Protection Plan
  • Does not charge deductible on Appliance Plan

Cons

  • Plans are a bit expensive compared to the industry-level

Premium

$30 - $49+

Deductible

$0 - $100

States Covered

45 States

Coverage not available in Arizona, California, New York, Oregon and Washington

Appliances Coverage Limit

$5k / item

Response Time

N/A

Read More

Read Less

Pros

  • Provides 14 months of coverage on the Home Protection Plan
  • Does not charge deductible on Appliance Plan

Cons

  • Plans are a bit expensive compared to the industry-level

Comparison Of The Top Home Warranty Companies

The table below compares our top home warranty providers based on the premium cost, service fee, coverage caps, and workmanship.

Company
Best For
Premium
Service Fee
Coverage Limit
Workmanship guarantee
Best For Customer Service $50-$60 $75 $3k/Item 90-day
Best For Affordable Premium $60-$65 $100 $3k/Item 90-day
Best For Comprehensive Coverage $46-$55 $85 Upto $3K/Item 60-day
Best For Claims Settlement $39-$60 $75, $100, $125 $6K-Unlimited 30-day View More
Best For Transparency $30-$44 $85 $2.5k - $3.5k/Item N/A View More
Secure your home appliances and systems starting at $1.5/day

Save Big On The Appliance Repair Costs

16+

Years of Experience

homewarrantyreviews.com star_icon star_icon star_icon star_icon star_icon

100k+ reviews and rating

Does Appliance Breakdown Break
Your Pocket?

Does Appliance Breakdown Break Your Pocket?

What Are The Different Types Of Home Warranty Plans?

When choosing a home warranty plan, understanding the different types available is crucial for finding the right fit for your needs and budget. Here's a breakdown of the most common types:

Home System Warranty

  • Covers major home systems like plumbing, electrical, heating and cooling (HVAC), and sometimes ductwork and appliances
  • Ideal for covering essential systems, especially older homes
  • Examples: American Home Shield's ShieldSilver, Choice Home Warranty's Basic Plan

Home Appliance Warranty

  • Focus on major kitchen and laundry appliances like refrigerators, ovens, dishwashers, washers, and dryers
  • Suitable for covering expensive appliances and avoiding repair costs
  • Examples: Select Home Warranty's Appliance Plan, First American Home Warranty's Total Appliance

Combination Warranty

  • Bundle system coverage with appliance protection, offering comprehensive protection for major components
  • Perfect for covering unexpected repairs for both systems and appliances
  • Examples: AHS's ShieldGold, Total Home Protection from Fidelity National Home Warranty

Real Estate Warranty

  • Tailored for real estate sellers and buyers
  • Seller plans focus on major systems to attract home buyers and facilitate a smooth sale (e.g., AHS's ShieldPlus)
  • Buyer plans provide comprehensive protection for systems and appliances during the first year of ownership. (e.g., AHS's ShieldComplete)

Optional Add-Ons

  • Many plans offer additional coverage for specific items like pool/spa, electronics, septic systems, etc.
  • Can be customized to your specific needs and budget

What Goes Into Picking The Best Home Warranty Companies?

  • We pick the companies after considering numerous factors: pricing, coverage, homeowners' reviews, customer support, exclusions, cancellation policies, discounts, and nationwide availability.
  • Our editorial team devoted many hours of research to ensure unbiased and independent company reviews.
  • From over 100,000 customer reviews from our website, we fact-checked the legit reviews to maintain accuracy and relevance.

What Goes Into Picking The Best Home Warranty Companies?

  • We pick the companies after considering numerous factors: pricing, coverage, homeowners' reviews, customer support, exclusions, cancellation policies, discounts, and nationwide availability.
  • Our editorial team devoted many hours of research to ensure unbiased and independent company reviews.
  • From over 100,000 customer reviews from our website, we fact-checked the legit reviews to maintain accuracy and relevance.

Choosing the Right Protection: What to Look for When Buying a Home Warranty

Buying a home is a big investment with ongoing responsibilities like maintenance and repairs. While unexpected breakdowns are inevitable, a home warranty can offer much-needed protection against the financial burden they can cause.

But with so many options available, choosing the right home warranty can be overwhelming. Here's a guide to help you navigate the market and find the best plan for your needs:

Understanding Coverage

Understanding Coverage

  • What's included:
    Carefully review the plan details to understand what systems and appliances are covered.
  • Coverage limits:
    Pay attention to the coverage limits per repair or year. These limits can vary significantly between plans; exceeding them can leave you responsible for additional costs.
  • Exclusions:
    Be aware of what's not covered under the warranty, such as pre-existing conditions, cosmetic damage, and damage caused by negligence or misuse.
Understanding Coverage

Cost and Value

Cost And Value

Cost and Value

  • Plan price:
    Compare prices of different plans to find one that fits your budget. Remember, the cheapest option might not always be the best value.
  • Deductible:
    The deductible is the amount you pay for each covered repair.
  • Service fees:
    Some companies charge additional fees for service calls, trip charges, or after-hours emergency service.

Company Reputation

Company Reputation

  • Claim process:
    Look for companies with a good track record of services and prompt claim settlements.
  • Customer service:
    Choose a company that offers easy access to representatives and is willing to resolve issues promptly.
  • Financial stability:
    Check the company's financial stability to ensure they will be around to honor your warranty in the long run.
Company Reputation

Additional Considerations

Additional Considerations

Additional Considerations

  • Contract terms:
    Review the contract terms carefully, including the length of the contract, renewal options, and cancellation policies.
  • State regulations:
    Home warranty laws vary by state.
  • Home age and condition:
    Consider the age and condition of your home when choosing coverage. Older homes may require more comprehensive coverage.

Factors Influencing The Cost Of Home Warranty Plans

The amount you should spend on a home warranty depends on several factors, including

  • The cost of home warranty plans depends on the comprehensiveness, deductibles, and service fees involved. A standard plan may cost around $30-60/month, whereas a combo plan may cost about $50-100 monthly. 
  • Each add-on typically costs around $10-20/month, and typical deductibles range from $50 to $200 per repair.
  • Longer contracts typically offer lower monthly premiums. Standard contracts are monthly or yearly plans, but you can also find two or three years options. 
  • Areas with higher costs of living typically have higher home warranty prices.

Here are some additional resources that you may find helpful:

National Home Service Contract Association (NHSCA)

Consumer Reports

Importance Of Reading Your Home Warranty Contract

A home warranty is a valuable tool for homeowners, offering protection from the unexpected costs of repairs and replacements. However, reading and understanding your home warranty contract is crucial to ensure you get the most out of your coverage and avoid unpleasant surprises.

Here's why reading your home warranty contract is essential:

  • Contracts detail what systems and appliances are covered and what isn't. This helps you manage expectations and avoid disappointment when a claim is denied for something not included in your plan.
  • Contracts outline the process for submitting claims, including deadlines and documentation requirements. Knowing these procedures beforehand streamlines the process and ensures your claim is handled efficiently.
  • Contracts explain the renewal process and any automatic renewals. This lets you decide whether to continue your coverage and avoid unwanted charges.
  • Contracts outline procedures for resolving disputes between you and the home warranty company. Understanding these procedures helps you navigate any disagreements effectively.

Who Regulates Home Warranty Companies?

Here's an overview of home warranty regulations:

State Level

Each state has its own laws governing home warranties. These laws can differ significantly in terms of:

  • Licensing requirements for companies
  • Contract disclosure requirements
  • Claim handling procedures
  • Cancellation policies
  • Consumer protection measures

Types of Regulations

  • Licensing: Some states require home warranty companies to be licensed before operating.
  • Financial solvency: Some states require companies to demonstrate financial stability to fulfill their obligations.
  • Contract requirements: States may dictate the specific information that must be included in home warranty contracts, such as coverage details, exclusions, and claims procedures.
  • Consumer protection: Some states have specific laws protecting consumers from unfair practices by home warranty companies.

Resources for Consumers

Frequently Asked Questions (FAQs)

Who Needs A Home Warranty?

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A home warranty is a good idea for people who own older homes with aging systems and appliances likely to break down. It can also be a good purchase for landlords, home buyers or sellers.

Which Company Has The Best Home Warranty Program?

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It’s difficult to pinpoint any one company since they all tend to differ on various parameters. We shortlist the best companies based on various criteria and present them with awards on annual basis.

Check out our awards page to find out the winners of 2023 ›

What Is A Trade Service Call Fee? Should Homeowners Bear This?

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A trade call fee is a payment a customer must pay during service visits. Companies also refer to it as deductible, service fee, or copay. This amount is non-refundable and varies depending on the company.

Who Regulates Home Warranty Companies?

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Home warranty companies are regulated by different bodies in each state, such as the Texas Real Estate Commission in the state of Texas. Overall, the National Association of Insurance Commissioners also makes a lot of statements about the service contract industry, though it is not insurance.

There is a self-regulating body called the National Home Service Contract Association (NHSCA), the members of which follow regulations and ensure that they are properly licensed.

What To Look For In A Home Warranty Company?

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While choosing a warranty company, carefully check out the company’s service agreement, inclusions, exclusions, and cost details, among others.

What Isn't Covered Under A Home Warranty?

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A home warranty typically doesn’t cover damages due to improper installation, cosmetic issues such as scratches or dents due to failed maintenance, misusing items, or repairs that are not included in your coverage plans.

Know more about what’s not covered 

What Is Covered Under A Home Warranty?

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A typical home warranty covers the cost of the service, repair, or replacement of major home appliances and systems. Every company has different coverage options, which you can check in their agreements.

How Long Does A New Home Warranty Last?

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Generally, a home warranty lasts for a year, but the majority of companies renew the home warranty at the end of the term. Some companies also offer plans for longer terms.

What Is The Average Waiting Period Of Any Warranty Company?

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The average waiting period of any home warranty company is 30 days. However, it may increase or decrease depending on the company. So we recommend you confirm it with your home warranty provider at the time of purchase.

What Are Home Warranties For Multi-Family Homes?

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Home warranties for multi-family homeowners renting one or many appliances and services with their tenants or other households. This coverage is particularly useful for homeowners residing in apartments or family dwellings.

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