2024’s top affordable home warranty providers

Facebook X

Read Time:13 Minute, 25 Second

What was omitted from the list?

Home Warranty Inc.: Boasts an A+ BBB grade, but is unavailable in five major states (NY, WA, CA, AZ, OR) and doesn’t cover major home types like mobile homes, condos and townhomes.
American Home Shield: 24/7 service request and phone availability and lets you choose your technician, but cancellation after 30 days may incur a whole month’s fee.
Home Service Club: Offers 30- to 90-day workmanship guarantee and nationwide availability with technician choice freedom, but has concerning BBB complaint pattern and high $45 contract cancellation fees.

Benefits of a home warranty

Peace of mind: Get protection against unexpected repair and replacement costs for covered items.
Savings: Service fees are often less than the total cost of a repair or replacement — saving you thousands over paying full price.
Convenience: The provider finds and schedules certified technicians to make repairs.
Coverage breadth: Plans often include major home systems and appliances, such as HVAC, plumbing, washers and dryers, electrical systems and garbage disposals.
Resale value: Home warranties can add value for buyers and help sell a home faster if coverage can transfer to new owners.

How are home warranties operated?

A home warranty is a contract that pays for system and appliance replacements and repairs in your house. You must pay a service charge each time you submit a claim in order to have a technician evaluate the problem. The remaining expense of the repair or replacement is then covered by your provider. It is imperative to thoroughly research policies prior to signing any contracts, as each provider has varying coverage.