To protect your home from major repairs or replacement costs we have compiled a guide with the 10 best home warranty companies for you.
Home Warranty companies are a little more difficult to find than most types of insurance. This is because there isn’t one company that can cover all home needs.
For example, you’ll need to have an entirely different policy if your house has a pool as opposed to just being in the case of a leaky faucet.
The best way to make sure you’re getting the right coverage for your type of dwelling is by doing some research first and comparing plans from multiple providers before making any decisions on which company will be best suited for your needs.
So let us begin and see the options we have!
What Is A Home Warranty?
Home Warranty aims to offer the repair or replacement of various systems and appliances that we use in our daily life.
This may include a refrigerator, Air conditioner, heater, washing machine, etc., which are damaged by daily wear and tear.
While some companies cover the existing poor condition of the appliance, some do not.
And by subscribing to a home warranty company, you can request the service of the item, which will cost you way less than what it would without a home warranty.
Detailed Article: How Do We Review Home Warranty Companies?
Best Home Warranty Companies Of 2023
Here are our top 10 options based on:
- Best overall – Cinch Home Services
- Best Plans – American Residential Warranty
- Best Basic Plan – Choice Home Warranty
- Best Budget-Friendly – Select Home Warranty
- Best For Premiums – AFC Home Club
- Best Appliance Plan – First American Home
- Best For Add-Ons – Liberty Home Guard
- Best For Convenience – OneGuard Home Warranty
- Best For Comprehensive Coverage – The Home Service Club
- Best Oldest – American Home Shield
1. Cinch Home Services — Best overall
Cinch Home Services is one of the industry’s oldest home warranty providers, and its extensive coverage sets it apart.
In addition to comprehensive coverage, Cinch provides a 180-day workmanship guarantee and a variety of unique perks and benefits, such as a refund of homeowners deductible.
Cinch Home Services, like the other companies on our list, provides three warranty plans: one for appliances, one for systems, and one that covers both.
Cinch plans are unique because they provide coverage for items that other insurers consider add-ons.
Cinch’s appliance plan, for example, covers freestanding ice makers and built-in food centers.
Cinch services are guaranteed by a 180-day workmanship warranty on completed work.
Other benefits include covering for unknown pre-existing conditions as well as rust and corrosion-related malfunctions.
Features
- 24×7 support
- Easy-to-use service
- Offers multiple plans and options
- Faster response time
- Wide network of professional contractors
- 180-day workmanship guarantee
Payout Cap
$2000
Price
$27.99/mo – $39.99/mo
Pros and Cons
Pros
- Guaranteed service for 180 days
- Includes unique benefits
- Pricing can be customized depending on the selected service call fee.
Cons
- Add-on options are limited.
2. American Residential Warranty — Best Plans
American Residential Warranty is a top pick for pricing because of its modest starting service price of $55 and low-cost plan options.
We appreciate that you can personalize your plan with extra add-ons and choose your own technician, albeit, unlike some other home warranty providers, you must usually get approval from the company before hiring.
For emergencies, service will be provided immediately; for other requests, service will be provided within 24-48 hours.
Because the company is highly upfront about its rates, provides plans starting at low price points, and charges modest service costs ($55), American Residential Warranty is our top option for pricing.
The company has an A+ rating with the Better Business Bureau, and the plans are customizable. Coverage is available countrywide.
Features
- Good Payout Cap
- Customizable Plans
- Flexible Payment
- Easy-to-use interface
Payout Cap
$5000
Price
$39.99/month – $124.99/month
Pros and Cons
Pros
- With approval, you can use your own contractor.
- Provides coverage for electronics.
- Service costs that are less expensive than competitors’
Cons
- Certain appliance systems have lower annual limits.
3. Choice Home Warranty — Best Basic Plan
Choice Home Warranty (CHW) is one of our top-rated home warranty providers, and it’s an excellent choice for homeowners who want to protect both their systems and their appliances without having to pay for a costly combo plan.
Choice provides two extensive coverage plans: Basic and Total, which cover both appliances and systems.
Choice offers an extensive 90-day repair warranty and doesn’t limit coverage depending on the age of your house or appliances as long as they’ve been properly maintained.
For homeowners looking for a low-cost plan that covers both systems and appliances, Choice’s Basic Plan is a good option.
Furthermore, its Total Plan is less expensive than many of its competitors’ most comprehensive core plans, and its $85 service cost is on the low end of the home warranty industry’s norm.
Features
- 24×7 365 days support
- More than 1500 professionals
- One month of free service
- Free and unlimited transfers of contracts to a new home
Payout Cap
$1500
Price
$46.67/month – $55/ month
Pros and Cons
Pros
- Affordable plans
- Discounts are available all year.
- The cost of a standard service call is $85.
- Technicians are available 24/7
Cons
- A higher-priced package is required for several important systems.
4. Select Home Warranty — Best Budget-Friendly Home Warranty Company
Select Home Warranty has been in operation for the last seven years.
They are our top selection for budget-conscious customers since they cover homeowners in every state except Alaska.
Their costs are enticing to those watching their spending, with a service fee of $75, three tiers of plans, and frequent discounts.
Select offers three monthly plans: Bronze Care, Gold Care, and Platinum Care, which range from $52 to $55.
Appliances are covered by Bronze Care, whereas systems are covered by Gold Care.
Platinum Care, the most costly plan, combines both for maximum coverage. The cost of service varies between $60 and $75.
All three options also come with free roof coverage, which covers roof leak repairs.
If you can’t submit three years’ worth of maintenance records, the company may restrict payouts per system or appliance to $150.
Aside from that, HVAC systems and appliances are limited to $2,000 and $500, respectively.
Extra coverage options for repair or replacement are limited to $400.
Features
- Nation-wide availability
- 24×7 support
- Helpful website
- Offers discounts on annual plans
- 90-day repair guarantee
Payout Cap
$2,000
Price
$60.42/month – $65.83/month
Pros and Cons
Pros
- When you choose a plan, you get free roof leak coverage.
- Technicians for repairs are available 24/7
- There is no limit to the number of repairs that may be done.
Cons
- Many home services have low coverage limits.
5. AFC Home Club — Best For Premiums
The affordable rates of AFC Home Club (America’s First Choice) drew our attention.
AFC offers four plans: one for systems, one for appliances, and two hybrid plans that cover both systems and appliances.
AFC’s price is determined by the service cost ($75, $100, or $125), much like other providers.
Monthly charges for one-year contracts range from $40 for the Silver Plan to $67 for the most comprehensive Platinum Plan (depending on your location).
Customers can, however, select between a one-year or three-year contract, saving up to 10% each month if they pick the three-year option.
Clients would pay between $40 and $55 per month for AFC Home Club’s System or Silver Plan and between $40 and $55 per month for its Gold and Platinum plan.
Furthermore, AFC Home Club offers one of the industry’s best service guarantees: both parts and labor are covered for the contract duration.
This means that if you have the same problem after a repair, you will not be charged.
Read AFC Home Club Review
Features
- Lifetime Guarantee
- Choice of Technicians
- Offers transparency
- Wide network of contractors
Payout Cap
$2000
Price
$60.33/month $74.42/month
Pros and Cons
Pros
- You have the option of selecting your own service technician.
- It offers a systems plan, an appliance plan, and two combination plans.
- You have the option to cancel your plan at any moment.
Cons
- There is no quick claims process.
6. First American Home — Best Appliance Plan
Since its inception in 1984, First American Home Warranty has serviced over 8.6 million homes.
It earns our top ranking as the most trustworthy home warranty because, with over three decades in the business with service requests available 24/7/365, clients can trust First American to be there when they need it.
You can choose between two plans with First American Home Warranty, as well as various extra add-ons for each plan.
A service call cost applies to all plans, which varies by plan and state and is payable online or to the technician when the claim starts. There is a 30-day waiting period before coverage begins.
The Basic Plan only covers items like washing machines and kitchen appliances.
The Premier Plan covers all of these items, as well as eight built-in systems, including your water heater, ducting, and central vacuum.
Features
- Low Monthly Costs
- First-month free service
- Easy to use and access
- A good network of contractors
- 24×7 support
Payout Cap
$1500
Price
$28 – $42.50 per month
Pros and Cons
Pros
- Covers systems and appliances that have been installed or maintained improperly.
- Unlimited service calls
- Basic plan options that are reasonably priced and provide competitive coverage
Cons
- There are just two options available, and there is no system-only plan.
7. Liberty Home Guard — Best For Add-Ons
Liberty Home Guard stands out for its wide variety of optional add-ons.
Customers can add around 20 items to their coverage, making it the most comprehensive list of add-ons in the home warranty industry.
Pools, spas, well pumps, sump pumps, and central vacuums are among the items covered, as are additional, less typical services such as limited roof leaks, lock replacement, gutter cleaning, pest management, and electronics protection.
There are three types of plans available from Liberty Home Guard: one for appliances, one for systems, and one that covers both.
Liberty covers common systems and equipment such as heating, air conditioning, plumbing, electricity, washers, dryers, and freezers.
A realtor portal also allows real estate agents to work with Liberty Home Guard to obtain a home warranty before the closing date.
This is especially important if you want your protection plan to begin as soon as your mortgage is closed.
Features
- 60-day workmanship guarantee on all repairs
- 24×7 customer service
- 20 add-on options
Payout Cap
$1600 for the first 90 days
Price
It starts at $39.99 per month
Pros and Cons
Pros
- Repairs can be made within 24 hours after filing a claim.
- There are 28 optional add-ons available.
- Repairs are covered by a 60-day workmanship guarantee.
Cons
- Payout limits are rather low.
8. OneGuard Home Warranty — Best For Convenience
Because it provides both house warranty and home maintenance services in one location, OneGuard is our winner for best home warranty for convenience.
This equates to greater convenience and more time in the day for the homeowner.
OneGuard Home Warranties began operations in 1990 and now services customers in Arizona, Texas, and Nevada.
If you live in one of these three states, you can get a fast online quote from OneGuard.
If you have OneGuard coverage and have a problem, call OneGuard’s customer care staff, which is available 24/7.
The service call price is $69, and plan pricing varies per state.
Optional coverage add-ons are available for each of OneGuard Home Warranty’s plans.
Features
- Additional house cleaning services
- Multiple plans
- Easy to use
- Extensive coverage
- A wide network of professional contractors
- Options for real estate agents
Payout Cap
Not available
Price
$399 -$699 per year
Pros and Cons
Pros
- Excellent customer service
- Pre-existing conditions are covered.
- Home warranty and home maintenance services are combined.
Cons
- Only provides coverage to three states.
9. The Home Service Club — Best For Comprehensive Coverage
The Home Service Club is a New York-based company founded in 2008.
Because of its comprehensive plans, which contain many items that are generally considered add-ons, it is our winner for best coverage.
The Home Service Club has also received several “best in service” and “editor’s choice” home warranty service awards.
You can cover your systems and appliances with The Home Service Club regardless of their age, make, or model, and repairs are guaranteed for 90 days.
The Home Service Club provides two comprehensive plans that can be enhanced with additional coverage.
The standard coverage included 18 core systems and appliances, while the comprehensive coverage included a total of 33.
Features
- 24×7 support
- A huge network of professional contractors.
- Customizable coverage
- Plans for as low as $1.60 per day
- Yearly auto-renewable service contracts
- 30 days of work & 90 days of parts guarantee
Payout Cap
$6000 – $9000
Price
$50 -$60 per month
Pros and Cons
Pros
- Comprehensive home warranty plans
- No home inspection is required.
- Nationwide coverage
Cons
- When compared to other home warranty policies, this one is somewhat pricey.
10. American Home Shield — Best Oldest
American Home Shield is a company that has been around for over 50 years.
It’s the leading player, with more service requests paid out than any other home warranty provider.
The company provides three different core plans, as well as coverage for real estate and electronics.
You may also add coverage for other things to the plans.
You can request service online or call customer care if a covered appliance or system breaks down.
Other systems and equipment, such as septic pumps, pools, home electronics, entertainment goods, and guest units, can also be covered.
Monthly payments vary based on the state and the chosen repair service charge, ranging from $75 to $125 per service call.
Features
- Available in more than 49 states.
- Does not require maintenance records.
- More than 17000 professional repairmen.
- Offers promo codes and Discounts.
Payout Cap
$1500-$6000
Price
$39.99 – $64.99 per month
Pros and Cons
Pros
- The country’s largest home warranty service provider
- Coverage for home electronics is available.
- Plans with a lot of flexibility
- An extensive network of repair experts
Cons
- Some appliances and systems have low annual limits.
Comparison
| Comparison | Cinch Home Services | American Residential Warranty | Choice Home Warranty |
| Price | $27.99/mo – $39.99/mo | $39.99/mo – $124.99/mo | $46.67/mo – $55/ mo |
| Rating | 4.8\5 | 4.2\5 | 3.8/5 |
| Payout cap | $2000 | $5000 | $1500 |
| Service fee | $ 75 and $125 | $55 | $85 |
| Cancelation fee | $25 | Not available | Not available |
Which One Is The best home warranty for first-time buyers?
Cinch is the best home warranty for first-time buyers. They offer comprehensive coverage for all of your home’s appliances and systems, and a team of certified technicians is available 24/7 to help you with any issues that may arise.
With a cinch, you can have peace of mind knowing that your home is covered. Cinch also offers a free 30-day trial, so you can try them out before you commit.
How Much Does Home Warranty Cost?
Essentially, repairing your home appliances can cost you a lot, but a home warranty company costs between $465 to $800 for an annual plan.
Along with this, you will also have to pay a service fee of $50-$85, depending on the company you choose.
What Do Home Warranties Typically Not Cover?
Home warranty companies do not cover built-in appliances or systems that have been installed or modified incorrectly.
It also does not include appliances that are damaged due to neglect or misuse, structural elements, and also the systems which are not protected by the manufacturer’s warranty.
Before signing up for any company, make sure to read its terms and conditions of it.
How We Review Home Warranty Company?
In order to review the home warranty company, we first check the overall goal and, most importantly, the features of the company.
Then we consider the price, terms of the contract, the items it covers, and payout cap.
Lastly, we look at the customer reviews available online to verify the company’s real-time position.
Final Thoughts
If you are looking for the best home warranty company for 2023, we recommend one that has an excellent customer experience and offers comprehensive coverage.
We hope this article helped you learn more about how to find a good home warranty company.
We recommend comparing the plans and add-ons of different home warranty companies before making your decision.
FAQs
How does a home warranty work?
A home warranty is a policy that will help you pay for repairs or replacements to your home’s systems and appliances.
Most policies will have a deductible that you will need to pay before the warranty company will cover the costs of the repairs.
What is covered by a home warranty?
Most home warranties will cover the repair or replacement of your home’s major systems and appliances.
This can include your HVAC, plumbing, electrical, and kitchen and laundry appliances.
Coverage may vary from policy to policy, so read the fine print to understand what is covered.
What is a home service agreement?
A home service agreement is another term for a home warranty.
The difference between the two terms can vary based on usage, so it’s best to ask for an explanation from your provider if you are unclear about what they offer.
What should I look for while buying a home warranty plan?
One of the best things that you can do while choosing a home warranty plan is first of all check what all appliances and systems you have and for what all you need a warranty.
Then you look for a company that offers what you want, and once you have a detailed idea about the payout cap and the terms and conditions, see if it fits in your budget and select it.
How is home warranty different from a home insurance?
A home warranty covers your appliances and systems and provides you with repair or replacement subjected to daily use.
At the same time, home insurance is for covering your house and other components of your house against theft, fire, etc.
Amit Gupta is the founder of National Planning Cycles, a company that helps startups, individuals, and small businesses with their financial planning. He has a vast amount of experience in the finance sector, having managed Google Play accounts for some of the world’s most successful unicorns. Amit is an expert in his field, and he uses his knowledge to help others achieve their individual goals.