Finding a reliable home warranty company can be a daunting task for homeowners. There are countless options on the market, making it challenging to identify which company offers the most comprehensive coverage at a reasonable price. A home warranty is a valuable investment, serving as a buffer against unexpected repair or replacement costs of critical systems and appliances in your home. In this guide, we provide an unbiased review of the top 7 home warranty companies. Our objective is to help you make an informed decision that aligns with your needs, offering you peace of mind knowing that your home is protected.

What is a Home Warranty?

A home warranty is an annual contract that provides financial protection against the costs of repairs or replacements for major systems and appliances in your home. It generally covers items such as HVAC systems, plumbing, electrical, kitchen appliances, and more. Home warranties are different from homeowners insurance, which covers damages to your home's structure and personal belongings caused by unforeseen events like fire, theft, or natural disasters. A home warranty is essentially a service contract that offers repair and replacement services for normal wear and tear of covered items.

1. American Home Shield

American Home Shield (AHS) is one of the oldest and most established home warranty companies in the market, with over 45 years of experience. They offer three plans: Systems Plan, Appliances Plan, and Combo Plan. Customers can also customize their coverage by adding optional add-ons such as pool/spa, electronics, or guest unit coverage. AHS provides 24/7 customer service and a network of qualified contractors for fast and reliable repairs or replacements.

Pros:

• Highly customizable coverage options
• Robust network of experienced contractors
• 24/7 customer service availability

Cons:

• Plans can be expensive compared to competitors
• Limited coverage for pre-existing conditions

2. Choice Home Warranty

Choice Home Warranty (CHW) offers comprehensive coverage for both systems and appliances with their Total Plan. They also have a Basic Plan that covers only essential items, making it an affordable option for homeowners on a budget. CHW has a low service fee of $60 and provides 24/7 customer service and a network of licensed technicians.

Pros:

• Affordable plans with low service fees
• 24/7 customer service availability
• Optional coverage for pool/spa, roof leaks, and more

Cons:

• Limited coverage for older appliances and systems
• Pre-existing conditions may not be covered

3. First American Home Warranty

First American Home Warranty (FAHW) offers two plans: Basic Plan and Premier Plan. The Premier Plan covers major systems and appliances, while the Basic Plan offers coverage for essential items such as plumbing, electrical, and kitchen appliances. FAHW also has a unique Seller's Coverage option that provides coverage during the listing period of a home, making it an attractive choice for homeowners looking to sell their property.

Pros:

• Comprehensive coverage with optional add-ons
• Unique Seller's Coverage option
• Easy online claims process

Cons:

• Plans can be expensive compared to other companies
• Some items may not be covered due to age or pre-existing conditions

4. Select Home Warranty

Select Home Warranty (SHW) offers three plans: Bronze Care, Gold Care, and Platinum Care. They also have optional add-ons such as pool/spa, well pump, and sump pump coverage. SHW has a low service fee of $60 and provides 24/7 customer service. They also have a "No Lemon Guarantee," which replaces a covered item if it breaks down multiple times within a short period.

Pros:

• Affordable plans with low service fees
• Optional add-ons for extra coverage
• No Lemon Guarantee for multiple breakdowns

Cons:

• Limited coverage for pre-existing conditions
• Some items may not be eligible for replacement

5. Total Home Protection

Total Home Protection (THP) offers two plans: Gold Plan and Platinum Plan. The Platinum Plan covers additional items such as central vacuum, doorbells, and ceiling fans. THP also has a free loyalty program that offers discounts and rewards to long-term customers. They have 24/7 customer service and a network of qualified technicians for efficient repairs or replacements.

Pros:

• Additional coverage options with the Platinum Plan
• Free loyalty program for long-term customers
• Fast and reliable service from experienced technicians

Cons:

• Plans can be expensive compared to other companies
• Limited coverage for pre-existing conditions

6. Liberty Home Guard

Liberty Home Guard (LHG) offers two plans: Appliances Guard and Systems Guard. LHG also has a unique "Build Your Own" plan option, where customers can choose specific items they want to cover. They have a low service fee of $60 and provide 24/7 customer service. LHG also has a free roof leak coverage add-on for customers who sign up for a long-term plan.

Pros:

• Low service fee and customizable plans
• Free roof leak coverage option with long-term plan
• 24/7 customer service availability

Cons:

• Limited coverage for older systems and appliances
• Some exclusions may apply to certain items

7. ServicePlus Home Warranty

ServicePlus Home Warranty (SPHW) offers two plans: Gold Plan and Platinum Plan. The Platinum Plan covers additional items such as heating, air conditioning, and electrical systems. SPHW also has optional add-ons for pool/spa and roof coverage. They have a low service fee of $60 and provide 24/7 customer service. Customers can also choose their own contractor for repairs or replacements.

Pros:

• Additional coverage options with the Platinum Plan
• Optional add-ons for extra coverage
• Choose your own contractor for repairs

Cons:

• Limited coverage for pre-existing conditions
• Plans can be expensive compared to other companies

Conclusion

When considering a home warranty company, it is important to research and compare the coverage options, pricing, and customer service of each provider. Each homeowner's needs may vary, so it is essential to choose a plan that best fits your budget and covers the items you value most in your home. With the right home warranty, homeowners can have peace of mind knowing their major systems and appliances are protected from unexpected breakdowns. So, it is always recommended to do thorough research and read customer reviews before making a decision on which home warranty company to choose. Enjoy the peace of mind that comes with having a reliable home warranty! Happy homemaking!