The Best Home Warranty Companies and How to Choose a Plan

If you’re a homeowner, you know no matter how new or old something is, eventually it will need repairs. This is the price of owning a home and yet, it can be an overwhelming expense if you’re not prepared for it. Appliances don’t last forever, and with everyday wear and tear, they will eventually stop working, so what can you do about it?

Many financial experts suggest setting aside a savings account simply for home maintenance. Every year, setting aside 1% of the purchase price of your home is recommended for home repairs. This may not seem like much, but if you bought a $350,000 home, that’s $3,500 per year — simply for home repairs or replacements. Instead of planning to pay for unexpected repairs and replacements, consider purchasing a home warranty.

Home protection warranties cover what homeowners insurance doesn’t. With a home warranty, you simply pay a one-time annual fee and get the protection you need to ensure that covered broken appliances or systems will be repaired at no additional cost to you.

But how do you know which are the best home warranty companies? And what should you be looking for in a coverage plan? We explain the factors that go into a home warranty plan, what you should consider and why might need one. 

When you’re ready to get your free quote from Choice Home Warranty, fill out the form or call (732) 907-4902.


The Best Home Warranty: What to Look for

Ideally, you want to save money on expensive repairs, so finding an affordable coverage plan is key, but what else should you consider? To choose the best home warranty protection for your home, you should take the following factors into consideration:

  • Coverage options—Does the plan cover everything you want covered? If you have a pool and want it covered under your home warranty, you may have to pay for more than just the basic plan.
  • Fees—How much are you willing to pay monthly or annually?
  • Discounts and benefits—Are there are any incentives or discounts when you sign up with one plan versus another?
  • Customer service—Does the home warranty company have a 24/7 hotline for claims? Is the company quick and reliable?
  • Service fees—Each time you request a service, even if it’s over the phone, there is a service call fee, so you’ll want to know how much it is.
  • Experience—How long has the warranty company been around, and do they work with specialized technicians?

Once you answer these questions, you can start figuring out which home warranty companies match your needs. Choice Home Warranty, for instance, offers specialized plans and works with a dedicated team, including experienced specialists to ensure stellar service.

Best Home Warranty Companies

Here are the top three best home warranty companies of 2019 compared:
Choice Home Warranty Competitor A Competitor B
Offer Basic Plan, Total Plan and/or include additional coverage as requested Appliance Plan, Systems Plan, Combo Plan and/or Build Your Own Basic and Premier plans, with optional coverage available
Discounts  Save $30 off, plus the first month free when you sign up for an annual plan Save 33% if you buy the Systems Plan and Appliance Plan separately Free quote
Availability  24/7 claims hotline available 24/7 claims department available  24/7 claims online (after you create an account) or by phone
Service Fee  $85  $125, which can be reduced by paying a higher premium  $125, which can be reduced by paying a higher premium

What Does a Home Warranty Cover?

Not all home protection warranties are the same, so you want to shop around for the best one for you and your home needs. You can find basic plans for an affordable price, but if you own a pool or another expensive appliance that you want covered, paying for the additional coverage will likely be worth the extra cost. But no matter what, make sure you do the following:

Read the details of the plan

Just like you would for an auto warranty or other service contract, you want to know what you’re paying for, what services you get and how long your plan lasts.

Know what the limits are

Each coverage plan will have a coverage limit. If you need a dishwasher replacement, for example, the plan will limit how much they are willing to cover for a replacement. Review this before signing up.

Get the coverage you need

You don’t want to go with the lowest coverage plan and end up paying to repair or replace something that isn’t covered under your plan.

Here’s a breakdown of some repair and replacement costs:

Typically, home warranty companies will cover the following in their plans, but offer additional coverage for other systems or appliances that aren’t covered:

  • Heating and cooling systems
  • Water heaters and water tanks
  • Ductwork
  • Kitchen appliances
  • Plumbing systems
  • Electrical systems

The following is not typically covered by a basic home warranty plan:

  • Well pump
  • Pool or spa
  • Septic system or septic pump
  • Central vacuum

You’ll want to read the details of each plan before choosing which one suits you best. Ideally, you’ll want to build your own plan. With the Total Plan at Choice Home Warranty, for instance, you get the refrigerator and clothes dryer coverage (in addition to the Basic Plan), but you’ll also want to add additional coverage for your pool or septic tank, which could be costly, if a repair is needed.*

Do You Need a Home Warranty?

There are many reasons why you might need a home warranty. If you’re selling a house, you might purchase a home protection warranty for your future buyer. Often, this is part of a home seller’s closing costs.

However, if you are new to an area, you may not have access to plumbers, repairmen or electricians. With a home warranty, you can rely on a home warranty company to help connect you with these people.

Other reasons you may want a home warranty include if you are moving into an old house, or if you expect your more expensive appliances to break or simply stop working in the near future. You should consider signing up for a home warranty before that happens. The one-time annual fee can save you a lot in the long run, depending on your situation.

If you are financially strapped and don’t think you’d be able to afford a repair, a home protection warranty can provide protection and assurance that you won’t be stuck financially and unable to pay for something you need.

How Does a Home Warranty Work?

When you purchase a home service plan, you get the benefit of working with one company on all repairs and replacements of covered parts. This means you avoid the hassle of dealing with multiple companies and paying extra labor fees. The best home warranty providers have their own network of trusted professionals who are ready to assist you with your various home repair needs.

When you have a warranty plan, you simply have to make a claim, online or by phone. Your provider will then process it and send a local professional to your home to assist with the problem. Instead of paying hefty labor costs, you only have to pay a per-visit service fee. With Choice Home Warranty, it is the same fee for every visit, no matter the amount of labor involved.

What Do Home Warranties Cost?

Repairs and replacements can be expensive and if you’re not prepared, they can lead to a financial nightmare. Repairing a kitchen appliance costs an average of $171, but replacing a refrigerator, for instance, can cost anywhere from $300 to $2,100 or more. Instead of waiting for a major system or appliance to breakdown, consider buying a home protection plan.

The cost of home warranties far outweigh the cost of a new refrigerator or new range, which can cost anywhere from $350 to $2,000 or more. Not only do warranty plans provide affordable options, but they save you the stress of dealing with dozens of phone calls, do-it-yourself repairs and out-of-pocket labor costs.

What’s Covered by Choice Home Warranty?

Not that you know what to look for in a plan, consider Choice Home Warranty’s combo plans, which include both appliances and systems.

The Basic Plan includes all of the following:

  • Heating system
  • Electrical system
  • Plumbing system
  • Plumbing stoppage
  • Water heater
  • Whirlpool bathtub
  • Oven / range / stove
  • Cooktop
  • Dishwasher
  • Built-in-microwave
  • Garbage disposal
  • Ductwork
  • Garage door opener
  • Ceiling and exhaust fans

If you want more, consider the Total Plan. You get all of the above covered, as well as:

  • Air conditioning system
  • Refrigerator
  • Clothes washer
  • Clothes dryer

No matter which plan you choose, you can add on optional coverage, which includes:

  • Pool / spa
  • Central vacuum
  • Second refrigerator
  • Well pump
  • Limited roof leak
  • Stand alone freezer
  • Sump pump
  • Septic system
  • Septic tank plumbing

What’s Choice Home Warranty’s Process?

The best home warranty providers make the process of fixing repairs easy. Here’s what to expect, when you purchase a home service plan from Choice Home Warranty:

  • As a homeowner, your only job is to make a claim when a system or appliance fails or breaks. The best providers make the claims process simple and easy to understand.
  • Choice Home Warranty will process the claim and schedule an at-home visit with the homeowner, which costs them a one-time nominal service fee. The best providers charge less than $100 for the call fee.
  • An expert technician or service professional will arrive to the home to fix the problem or address the issue. With Choice Home Warranty, you get access to a network of highly trained experts.
  • The problem will be fixed and the coverage costs will be determined based on the homeowner’s user agreement. Make sure you read through it to better understand what’s covered and what’s not.

Why Choose Choice Home Warranty?

As one of America’s Fastest Growing Private Companies, according to Inc. 5000, Choice Home Warranty will help you protect yourself and your home. Save time, money and the hassle of having to replace or repair your covered home appliances, by choosing a home protection warranty plan with Choice Home Warranty.* We can get you a fast, reliable, local technician to your home, at an affordable price. We strive to provide our customers with fast, simple solutions and outstanding customer satisfaction and protection against high costs.**

Contact Choice Home Warranty for Coverage

Sign up for coverage from one of the best warranty companies in the U.S. Call (732) 907-4902 or fill out the form to get a free quote and enter to win kitchen appliances.


* Click Here to view complete limits of liability and any exclusions. CHW offers service contracts which are not warranties. ** See policy for specifics on response times. *** CHW reserves the right to offer cash back in lieu of repair or replacement in the amount of CHW’s actual cost (which at times may be less than retail) to repair or replace any covered system, component or appliance. **** In the event a claim is denied, and a customer seeks to have Us review that denial, We have the right to request routine maintenance records in reviewing its decision.