Disclosure: We may earn a commission for quotes accepted by consumers, but this doesn’t affect the authenticity of our review process.

Best Home Warranty Companies: 2022 Roundup

Listed below are our highly vetted and curated list of the best home warranty companies in the market.

offer iconOffers - Appliance Discount Program. $50 off on multiple properties. $25 off for referrals

primium_iconPremium

$39.99-$60

deductible_icon Deductible

$75-$150

Add-ons-Price-Range-icon Add-ons Price Range

$5-$25

prosPros :

  • Offers generous coverage caps
  • Provides a choice of multiple deductibles
  • Has a contractor network of over 17000

prosCons :

  • Does not offer services in Alaska
  • Charges higher monthly cost on a lower deductible

Why We Picked

With over 50 years of experience backing this giant, American Home Shield (AHS) makes an appearance in every top home warranty list. Their coverage, plans, and dollar limits seem to be generous and designed keeping homeowner needs in mind.  The company has a customer base with a largely positive experience. This factor could be why many customers stay with them for years. 

offer iconOffers - 1st month free. Free roof coverage

primium_iconPremium

$45-$55

deductible_icon Deductible

$50-$85

Add-ons-Price-Range-icon Add-ons Price Range

$5-$20

prosPros :

  • Offers free roof leak coverage
  • Provides 90-Day parts guarantee and 30-day labor guarantee
  • Coverage without extra fee for houses up to 5000 sq. ft.
  • Free cancelation up to 30 days

prosCons :

  • Low aggregate limit for the contract
  • Limited number of plans
  • No choice of contractor

Why We Picked

Choice Home Warranty (CHW) is another industry giant with a nationwide network of 25,000 contractors and over 4.5 million service requests handled in all. Their 24/7 customer service is available to process claims for any of the 1.5 million homes they cover.

The company offers two plans with various optional add-ons available at an extra charge. CHW requires its contractor network to undergo a thorough vetting process and be fully insured and licensed to ensure service quality.

offer iconOffers - Free coverage for two months. Free roof coverage. $200 off

primium_iconPremium

$50-$60

deductible_icon Deductible

$75

Add-ons-Price-Range-icon Add-ons Price Range

$2-$10

prosPros :

  • Low deductible/trade service fee
  • Free coverage for two months for single-payment plans
  • 90-day guarantee on parts
  • Affordable plan pricing

prosCons :

  • No nationwide coverage
  • Complaints about claim denial

Why We Picked

What makes ServicePlus click and a reason for their presence in the top ten home warranty companies list is their economical pricing. Both their plans’ coverage comprise most of the appliances and systems in a standard home. Their optional add-on range covers what’s left and more.

Similar to the competition, they offer 24/7 customer service. According to their reviews, the company’s representatives do a good job addressing their queries.

offer iconOffers - Free roof coverage. $150 off. 2 extra months free

primium_iconPremium

$41-$46

deductible_icon Deductible

$60

Add-ons-Price-Range-icon Add-ons Price Range

$3-$10

prosPros :

  • 30-day free trial
  • Extensive contractor network
  • Same day response on claims
  • Discounts and offers on multi-year plans

prosCons :

  • Low coverage caps initially
  • No payment for access

Why We Picked

A regular feature on most of the highest-rated home warranty companies list, Select Home Warranty ties with ServicePlus in terms of budget-friendliness. The company’s offerings include three plans, with two plans for appliances and systems and a comprehensive combo plan covering both.

Their optional coverage falls on the higher end of the spectrum compared to other home warranty services. But they run seasonal discounts and offers regularly. 

offer iconOffers - $200 off. Free roof leakage coverage. 2 free months. Free gift on purchase

primium_iconPremium

$35-$50

deductible_icon Deductible

$90

Add-ons-Price-Range-icon Add-ons Price Range

$5-$30

prosPros :

  • Strong and vetted technician network
  • Extensive add-on coverage options
  • No mandatory home inspection

prosCons :

  • No nationwide coverage
  • New player/ low experience
  • High prices compared to industry standards

Why We Picked

Liberty Home Guard is a new entrant in the home warranty sector. However, they have quickly become one of the best-rated home warranty companies. They have received positive feedback from reviewers on BBB, praising their customer service and comprehensive coverage at affordable pricing.

They have a survey mechanism that allows customers and technicians to send feedback directly to their executive team. The goal is to help the company fine-tune its operations and address issues efficiently.

offer iconOffers - Military discount.

primium_iconPremium

$33-$45

deductible_icon Deductible

$85

Add-ons-Price-Range-icon Add-ons Price Range

$2-$20

prosPros :

  • Unlimited service calls
  • Upgradable coverage
  • Two-year plans

prosCons :

  • Does not serve in 14 states
  • No systems-only plan

Why We Picked

One of the industry pioneers, First American Home Warranty (FAHW) offers two home protection plans with different coverage options. Their add-on range is as per industry standards. The company’s First Class Upgrade deserves a special mention as it increases the coverage limits of the standard plans.

If you compare home warranty companies in terms of affordability, FAHW is one of the top contenders, and that too without any applicable discounts.

Cinch Home Services

Cinch Home Services

offer iconOffers - Discounts on new appliances. Free water sensor. $25 credit for AC/Refrigerator filters

primium_iconPremium

$27.9-$39.99

deductible_icon Deductible

$75-$150

Add-ons-Price-Range-icon Add-ons Price Range

$2-$15

prosPros :

  • 180-day workmanship guarantee
  • Digital dashboard to track claims
  • Individual and combo plans available

prosCons :

  • Limited range of add-ons
  • Lesser coverage caps than average

Why We Picked

Previously Cross Country Home Services, Cinch Home Services is another industry veteran. They offer specific plans for appliances and systems and a comprehensive combination plan comprising both. 

Where they fall short in terms of limited add-on options, they make up for in offering affordable pricing. They offer deductibles ranging from $75-$150 that you can choose from and a 24/7 hotline in case of assistance.

offer iconOffers - Deals from over 250 brands/retailers and other loyalty benefits

primium_iconPremium

$39 - $47

deductible_icon Deductible

$50-$125

Add-ons-Price-Range-icon Add-ons Price Range

$5-$30

prosPros :

  • Covers commercial-like or ultra-premium appliances
  • Allows you to hire a licensed contractor
  • Offers roof-leak coverage

prosCons :

  • Lack of transparency in pricing and coverage exclusions

Why We Picked

America’s Preferred Home Warranty offerings are limited in terms of variety. They have standard coverage for major appliances and systems and an option ‘Preferred Upgrade’ to increase the coverage and dollar limits.

They offer multiple deductible options that you can use to adjust your pricing, and their contractual dollar limit is one of the highest in the business. APHW’s customer base also seems highly satisfied with their services judging by their positive reviews.

offer iconOffers - $50 gift card for referral. Appliance discount program. Appliance replacement offer

primium_iconPremium

$20-$60

deductible_icon Deductible

$70-$100

Add-ons-Price-Range-icon Add-ons Price Range

$3-$30

prosPros :

  • Service fee reimbursement guarantee
  • Coverage upgrades
  • Flexible payment plans

prosCons :

  • Low dollar limits for standard plans

Why We Picked

2-10 Home Buyers Warranty has been around since 1983 and offers three standard plans of varying coverage levels. They have managed to offer services for over six million homes and have paid more than $500 million in claims.

Backed by two coverage upgrades, multiple special programs, and an extensive range of add-ons, the company is a worthy consideration for homeowners. 

HomeServe USA

HomeServe USA

offer iconOffers - $50 off for first-time buyers. Discounts at checkout

primium_iconPremium

$30-$70

deductible_icon Deductible

$75-$100

Add-ons-Price-Range-icon Add-ons Price Range

$9-$25

prosPros :

  • Wide variety of protection plans and add-ons
  • Customizable coverage
  • Restoration to areas disturbed by covered repairs
  • Longer than standard service guarantees

prosCons :

  • Non-transferable plans
  • No coverage for mobile homes
  • No coverage for homes larger than 5,000 sq. ft.

Why We Picked

HomeServe USA offers numerous coverage options – service lines, exclusive plans for plumbing, HVAC, electrical lines, and comprehensive packages that include major appliances and systems. 

Unlike other home warranty coverage options, HomeServe doesn’t necessarily have any optional add-ons. You have the option of checking out with the coverage option you need. 

While HomeServe’s coverage varies drastically for each state, their offerings are unique compared to the standard home warranty options.

Comparing the Top 10 Home Warranty Companies at a Glance

Company Name
BBB Rating
Cost Range
Deductible
Aggregate Limit
American Home Shield B $40-$60 $75-150 Upto $6000 and more**
Choice Home Warranty B $40-$65 $85 Upto $3000 per item
ServicePlus Home Warranty NR* $40-$60 $75 Upto $1500 per item
Select Home Warranty B $35-$60 $60-$100 $2000
Liberty Home Guard A $55-$60 $60 $1600
First American Home Warranty B $30-$50 $85 $2500
Cinch Home Services B $35-$70 $75-$150 $1000-$2000
America’s Preferred Home Warranty A+ $35-$50 $50-$125 $25k per contract
2-10 Home Buyers Warranty B $19-$60 $65-$100 $25k per contract
HomeServe USA NR* $20-$55 $100 $10k per contract/term

*NR or no rating - The company in questions doesn’t have adequate information to be given a proper rating.

**The coverage limit may be higher in some cases.

How We Picked the Top Companies

The home warranty market is saturated with lots of options that claim stellar service and generous coverage, making it hard to figure out the veracity of the same. However, with scammy and substandard companies rising the ranks with overt advertisements, it’s best to distinguish between the honest and the hype. This list is an attempt at just that.

To maintain transparency and for you to take notes, here’s how our methodology works. We consider the following factors while choosing the top home warranty companies -

  • Company Credibility - We check whether the company is trustworthy and registered with appropriate industry bodies.
  • Transparency - We check if the home warranty companies provide customers, the information about their pricing, added charges, limitations, liabilities, etc.
  • Pricing - We take a look at the pricing of home warranty plans and measure it against the coverage and benefits offered.
  • Coverage - We compare the coverage offered by home warranty plans from different companies and check their coverage levels by studying their contracts. Doing so gives us an insight into the coverage extent and limitations of different companies.
  • Claims Process - We go through customer reviews and reports on the claims process's ease and quality, and response time.
  • Innovation - We identify if the companies go the extra mile to provide value-added services and unique coverage options.
  • Consumer feedback - We read through home warranty companies’ user reviews scores to check customer satisfaction levels.

What Does A Home Warranty Cover?

A home warranty is designed to cover all the major appliances and systems of your home. The covered items will be repaired or replaced for a low service charge. Most home warranty companies offer multiple plans with varying levels of coverage as part of their offerings.

While the coverage of most home warranty companies is more or less the same, a few offer extra benefits by throwing in home maintenance services, including electronics or smart home devices, etc, as part of their coverage.

Types of Warranty Coverage

To cater to all kinds of homeowners, the coverage options of home warranty companies range from basic to comprehensive, with a choice of optional add-ons. Some even offer personalized coverage.

Basic coverage - Common everyday appliances and systems are a part of these plans. This type of coverage is ideal for homeowners having limited items needing financial protection.

Distinctive coverage - A few home warranty companies offer appliance-only and system-only plan options.

Comprehensive/Combination Plans - These plans comprise both appliances and systems and offer increased coverage limits. They inadvertently cost more than the other plan options.

Devices covered

Below is the list of items that are commonly included in home warranty coverage -

Appliances Systems Optional Add-ons
Built-in Microwave Air Conditioner/HVAC Pool/Spa
Refrigerator Plumbing Stand-alone Freezer
Stove/Oven/Cooktop Electrical Second Refrigerator
Clothes Washer Central Vacuum Code Upgrades
Clothes Dryer Garage Door Wine Cooler
Dishwasher Garbage Disposal
Attic/Ceiling/Exhaust Fans

Exclusions & Limitations

A home warranty contract is particular about the extent and nature of its coverage. Specific parts of your covered items may be exempt from coverage, and there is a cap for the amount the company will shell out for a particular item. Another factor for exclusion is the reason for the item’s breakdown.

Pre-existing conditions, willful neglect, misuse, damage due to natural disasters, etc., are grounds for claim denial. We recommend going through the contract in detail to understand the policy.

How Does A Home Warranty Work?

The claims procedure of a home warranty is relatively simple. We have detailed the process below -

After signing up for a home warranty, you can start placing claims for your covered item after the waiting period.

  1. You can call or place a service request online if a covered item breaks down.
  2. The customer representative will schedule an appointment with a technician.
  3. The technician will arrive and check if the item and the part in question is covered under the contract.
  4. After the technician receives a confirmation to proceed, they’ll recommend the best course of action - repair or replacement.
  5. Some companies may offer you cash instead of replacement in some cases.

How Much Money Will A Home Warranty Help Me Save?

Your average home warranty costs $300-$500, while the monthly premium can be anywhere between $30-$80, and the deductible price may cost $50-$150.

The following table reflects the amount you are likely to incur if any of the following items break down.

Appliance/ System Repair Cost Replacement Cost
Oven $130-$650 $100-$2000
Refrigerator $200 – $400 <$1000
Water Heater $100-$1000 $750-$1500
Air Conditioning System $20 – $2900 $5000
Heating System $80 – $1200 $3000 – $5000
Microwave $200-$300 $90-$800
Septic system $200-$1500 $3000-$10000
Washer or Dryer $130 – $500 >$1000

As you may have noticed, the pricing for home warranties are comparatively negligible to what you may have to spend out of pocket in case of a sudden breakdown.

Are Home Warranties Worth It?

If you are the owner of an older home and your aging systems and appliances show signs of wear and tear, a home warranty policy can be an essential investment. There’s no way of knowing how well the former owner cared for the appliances for homebuyers.

Therefore, a home warranty might be worth the cost, especially if the home's purchase has already exceeded the budget. Landlords can relax knowing that any potential breakdown of their residential property’s systems can be easily fixed.

However, with all of that said and done, home warranties should only be considered once you carefully read through the service contracts. Once you understand the limitations and exclusions of the policy and there's no room for surprises, you can put it to good use.

Frequently Asked Questions (FAQs)

What is the best home warranty company in the United States?

Companies like American Home Shield, Choice Home Warranty, and Liberty Home Guard are viable options for this title due to their affordable pricing, comprehensive coverage, and service quality. However, the best home warranty company can mean different things to different people and is a very subjective choice.

Who has the best home warranty program for seniors?

Leading home warranty companies like American Home Shield, Choice Home Warranty, ServicePlus Home Warranty, and the other top companies are all worthwhile considerations for seniors.

Can you switch home warranty companies?

Yes. You can wait until your plan expires or cancel your existing home warranty contract and switch to another company.

Are home warranty companies regulated?

Home warranty companies are regulated on federal and state levels where the former sets the standard and the latter enforces it within their jurisdictions. It is why regulations vary for each state. The Commissioner of Insurance who oversees home warranties in most cases.

When does home warranty coverage begin?

Most home warranty programs have a 30-day waiting period after which their coverage kicks in.

Are home warranty plans transferable?

Yes, and in most cases, there are no transfer charges.

How long does a home warranty last?

The average contract term of a home warranty is one year. There are multi-year contracts available as well.

Why should I get a home warranty?

Home repair costs tend to increase as your home ages. Having a home warranty in place is easy to save money on unexpected repairs. There’s also the added benefit of peace of mind as you don’t need to worry about finding and dealing with maintenance specialists.

Is home warranty a scam?

No. The concept of a home warranty is not a scam. However, there have been some companies that have swindled customers off of their money. Another misconception seems to be claim denials or poor service quality.

These issues can be avoided by running a background check or going through customer reviews can alert you of any fraudulent activities by a company. Read through your contract’s terms and conditions to enhance your chances of a successful claim. You can identify companies with poor service by checking consumer reviews.

Alternatively, you can consider our vetted list of top home warranty companies in the market.

How is a home warranty different from home insurance?

Homeowners insurance protects your home when something unexpected happens - a burglary, natural disaster, etc. In comparison, home warranties offer protection for your home’s major appliances and systems if they break down due to routine wear and tear.

Do home warranty companies cover wear and tear?

Yes. Home warranty companies cover systems and appliances’ repair and replacement when they break down due to regular wear and tear.

Do home warranty companies cover structural issues?

No, they don’t. Builder’s warranty and home insurance will cover any structural issues related to your home.

How do I cancel my home warranty?

Most home warranty companies require you to send the cancellation request in writing. You can contact your home warranty’s customer service to check if they follow a different process or find out if other options are available.

Are homeowners warranty plans and real estate home warranty plans the same?

No, home warranty providers offer different plans for homeowners and the parties engaged in a real estate transaction.

The major differences between these two are their types of coverage, pricing, and purchase timing. Where homeowners can buy a policy at any time, real estate home warranty plans can only be bought during the selling and purchasing process.

A seller can buy it during the listing period and offer it to the buyer as an incentive. A homebuyer’s warranty can only be bought within 30 days of the property’s purchase. In some cases, realtors gift the buyer a home warranty to sweeten the deal.

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