The article titled “7 Best Home Warranty Companies of February 2024” provides a comprehensive overview of the top home warranty providers in the market. The article is based on extensive research conducted by the writers and editors, who evaluated 22 home warranty companies using 15 data points such as coverage, policy exclusions, and pricing. The top seven companies selected include American Home Shield, Liberty Home Guard, and Select Home Warranty. The article also highlights the key takeaways about home warranties and provides in-depth reviews of each of the top companies, outlining their pros and cons, coverage options, and pricing details. Whether readers are looking for roof coverage or protection for HVAC systems, this article serves as a valuable resource in choosing the best home warranty company for their needs.

Money’s Main Takeaways

• Home warranties cover home system and appliance malfunctions due to normal wear and tear.
• Home warranty companies typically offer plans for home systems, appliances, or a combination of both.
• Home warranty companies charge a service call fee.
• Home warranty companies exclude damage from pre-existing conditions.

Since 2020, our writers and editors have spent thousands of hours researching the best home warranty companies. We’ve vetted 22 home warranty providers and evaluated them using over 15 data points, including coverage, policy exclusions, and pricing. Based on this research, we picked the top seven companies in the market, which include American Home Shield, Liberty Home Guard, and Select Home Warranty.

Money’s Main Takeaways

Home warranties provide coverage for home system and appliance malfunctions that occur due to normal wear and tear. This coverage can save homeowners money on expensive repairs and replacements. It’s important to note that home warranties do not cover damage caused by neglect, misuse, or acts of nature.

Home warranty companies typically offer plans that are tailored to meet the specific needs of homeowners. These plans can be focused on home systems, such as heating and cooling, or appliances, such as refrigerators and dishwashers. Some companies also offer comprehensive plans that cover both systems and appliances.

When a homeowner needs to use their home warranty, they usually need to pay a service call fee. This fee helps cover the cost of sending a technician to the home to assess and repair the issue. The amount of the service call fee can vary depending on the company and the specific plan.

It’s important to note that home warranty companies often exclude coverage for damage that existed before the start of the warranty. This means that if a homeowner has a pre-existing issue with a system or appliance, it may not be covered by the warranty. It’s crucial for homeowners to thoroughly review the terms and conditions of their warranty to understand what is and isn’t covered.

Why Trust Us

At Money, we take our responsibility to provide accurate and unbiased information seriously. Our editors and writers review home warranty companies independently to ensure our content is guided by editorial integrity. We use a comprehensive methodology that includes evaluating over 15 data points, such as coverage, policy exclusions, and pricing. We also review information from over 50 authoritative sources to ensure our recommendations are well-founded and reliable.

Our Top Picks for Best Home Warranty Companies

After extensive research and evaluation, we have identified the top seven home warranty companies in the market. These companies have proven track records of providing reliable coverage and excellent customer service. Here are our top picks:

• Select Home Warranty: Best for Roof Coverage
• American Home Shield: Best for HVAC
• Liberty Home Guard: Best for Optional Add-Ons
• First American Home Warranty: Best Starter Plan
• AFC Home Club: Best Premiums
• Cinch Home Services: Best Systems Plan
• 2-10 Home Buyers Warranty: Best Enhanced Coverage

Each of these companies offers comprehensive plans tailored to meet the specific needs of homeowners. Whether you’re looking for coverage for your roof, HVAC system, or a combination of systems and appliances, these companies have you covered.

Select Home Warranty

Select Home Warranty is our top pick for roof coverage. Their plans include comprehensive coverage for roof leaks, which can save homeowners thousands of dollars in repair costs. Select Home Warranty also offers discounts for multi-year plans, allowing homeowners to save even more money on their coverage. However, it’s important to note that Select Home Warranty is unavailable in NY, NV, WA, and WI. Additionally, some home services may have low coverage caps, and homeowners may be required to provide three years of maintenance records to guarantee coverage on certain systems.

Select Home Warranty offers three plans: Bronze Care, Gold Care, and Platinum Care. Each plan offers coverage for specific systems and appliances, and homeowners can choose the plan that best fits their needs. The monthly premiums for Select Home Warranty plans range from $44 to $50, with a service fee of $75 per claim. It’s important for homeowners to review the specific terms and coverage limits of each plan to ensure it meets their needs.

American Home Shield

American Home Shield is our top pick for HVAC coverage. As the largest home warranty service provider in the country, American Home Shield offers highly customizable service plans that cater to the specific needs of homeowners. Their plans cover a wide range of systems and appliances, including home electronics such as TVs and computers.

American Home Shield offers three comprehensive plans: ShieldSilver, ShieldGold, and ShieldPlatinum. These plans cover more than 23 home appliances and systems, including air conditioning, heating, plumbing, electrical, and more. The ShieldPlatinum plan also includes coverage for roof leaks, HVAC tune-ups, code violations, and AC refrigerant. Monthly premiums for American Home Shield plans range from $30 to $90, with service fees of $100 or $125 per claim.

Liberty Home Guard

Liberty Home Guard stands out for its extensive list of optional add-ons, making it our top pick for optional add-ons. With over 40 items to choose from, Liberty Home Guard allows homeowners to customize their coverage to meet their specific needs. Add-ons include items such as pool coverage, limited roof leak coverage, gutter cleaning, pest control, and electronics protection.

Liberty Home Guard offers three plans: Appliance Guard, Systems Guard, and Total Home Guard. The Appliance Guard plan covers appliances, the Systems Guard plan covers home systems, and the Total Home Guard plan combines coverage for both systems and appliances. The monthly premiums for Liberty Home Guard plans range from $60 to $70, with a service fee of $90 per claim.

First American Home Warranty

First American Home Warranty is our top pick for a starter plan. Their plans provide affordable coverage for essential home systems and appliances, making it a great choice for homeowners who are new to home warranties. First American Home Warranty offers coverage for popular systems and appliances such as air conditioning, heating, plumbing, electrical, and more.

First American Home Warranty offers one plan that covers a range of systems and appliances. The monthly premiums for First American Home Warranty plans start at $28, with a service fee of $75 per claim. It’s important for homeowners to review the specific coverage limits and terms of the plan to ensure it meets their needs.

AFC Home Club

AFC Home Club is our top pick for premiums. They offer competitive pricing for their comprehensive coverage plans, making it a great option for homeowners looking for affordable home warranty coverage. AFC Home Club offers coverage for a wide range of systems and appliances, including air conditioning, heating, plumbing, electrical, and more.

AFC Home Club offers three plans: Gold, Platinum, and Platinum Premier. Each plan provides coverage for specific systems and appliances, allowing homeowners to choose the plan that best fits their needs. The monthly premiums for AFC Home Club plans range from $35 to $59, with a service fee of $75 per claim.

Cinch Home Services

Cinch Home Services is our top pick for a systems plan. Their plans focus on providing comprehensive coverage for home systems such as heating, cooling, plumbing, electrical, and more. Cinch Home Services offers flexible plans that allow homeowners to customize their coverage to meet their specific needs.

Cinch Home Services offers three plans: Appliances, Built-in Systems, and Complete Home. Each plan provides coverage for specific systems and appliances, giving homeowners the option to choose the plan that best suits their needs. The monthly premiums for Cinch Home Services plans range from $32.99 to $45.99, with a service fee of $100 per claim.

2-10 Home Buyers Warranty

2-10 Home Buyers Warranty is our top pick for enhanced coverage. They offer comprehensive coverage for a wide range of home systems and appliances, making it a great choice for homeowners looking for extensive protection. 2-10 Home Buyers Warranty offers flexible plans that can be tailored to meet the specific needs of homeowners.

2-10 Home Buyers Warranty offers two plans: Systems Coverage and Systems and Appliances Coverage. Each plan provides coverage for specific systems and appliances, allowing homeowners to choose the plan that best meets their needs. The monthly premiums for 2-10 Home Buyers Warranty plans start at $25.25, with a service fee of $100 per claim.

In conclusion, home warranties can provide valuable coverage for homeowners, protecting them from the high costs of repairing or replacing home systems and appliances. Selecting the right home warranty company is crucial, as it ensures that you receive reliable coverage and excellent customer service. Our top picks for best home warranty companies, including Select Home Warranty, American Home Shield, Liberty Home Guard, First American Home Warranty, AFC Home Club, Cinch Home Services, and 2-10 Home Buyers Warranty, offer a range of plans and options to meet the needs of different homeowners. It’s important to carefully review the terms, coverage limits, and costs of each plan to choose the best home warranty company for your specific needs.